ANNOUNCEMENT

ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions dated 13.07.2011 on its shares by insiders (as per Article 13 of Law 3340/2005):

• purchase of 13,760 shares for a consideration of €11,657.64 by Deputy Chairman Mr Constantine Kouvaras
• purchase of 14,730 shares for a consideration of €12,542.89 by Managing Director Mr Constantine Mitzalis

Marousi, July 14, 2011

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