AXON HOLDINGS S.A., by application of Article 290 of the Athens Stock Exchange Regulation, informs the investing public that following the decision of the Annual Regular General Meeting of shareholders held on 06/29/2007 the company will proceed to the purchase of private shares up to a percentage of 10% of the total of its shares, namely up to 3,151,161 shares with a share purchase price ranging from 3 euro to 15 euro for the lowest and highest prices respectively.
Also defined was the time period within which the purchases of the shares will take place to not exceed 12 months from the date the relative decision was made by the General Meeting of shareholders as defined by L. 2190/20. The General meeting finally authorized the B.D. of the Company to complete the purchase of private shares defining the time periods and quantities of shares purchased, always within the limits decided by the General Meeting, adhering to all the terms of the respective legislative provisions.