ΕΛΒΑΛ Α.Ε.

Announcement for acquisition of 6% interest in ETEM SA

ELVAL HELLENIC ALUMINIUM INDUSTRY SA announces that on March 20, 2012 acquired 1,800,000 shares of ETEM SA that corresponds to 6% of its share capital. After the above action, ELVAL SA holds 21,240,530 shares, which corresponds to 70.78% interest of ETEM's share capital