AVAX S.A.

Announcement on important trade information (LAW 3556/2007)

In accordance with Law 3556/2007, J&P-AVAX SA announces the purchase of 247,997 shares of ATHENA SA on 10.07.2007, raising its percentage of voting rights in ATHENA SA to 63.47% from 63.98% (cumulative change in voting rights larger than 3% since the previous announcement, under Presidential Decree 51/1992).