S & B INDUSTRIAL MINERALS S.A.

Announcement pursuant to Law 3556/2007

S&B Industrial Minerals S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission that Ms. EVANGELIA VALAVANI purchased

on 26/07/2011, 2.575 common shares of our company of a total value of Euro 11.074,75 .

This transaction has been duly acknowledged to the Company pursuant to article 13 of Law 3340/2005 by Ms. Evangelia Valavani, under her capacity as Corporate Human Resources Manager.