AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

In accordance with Law 3556/2007 as well as decisions 1/434/03.07.2007 and 33/03.07.2007 of Greece’s Capital Markets Commission, J&P-AVAX SA announces the purchase on 23.09.2011 of 11,828 shares for a consideration of € 8,344.80 by D&S JOANNOU (INVESTMENTS) LTD, a legal entity related to Board Chairman Mr Leonidas Joannou and Executive Director Mr Christos Joannou. 

Marousi, September 26, 2011

Corporate Disclosure Service