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 17.02.2012 of 9,543 shares of J&P-AVAX SA for a consideration of euro 7,861.12 by D&S JOANNOU (INVESTMENTS) LTD, a legal entity related to Board Chairman Mr Leonidas Joannou and Executive Director Mr Christos Joannou. 

Marousi February 20, 2012

Corporate Disclosure Service