Athens, October 24 2011

Announcement of Regulated Information According to the L. 3556

The company GR. SARANTIS S.A. announces, according to the article 21 of the L.3556/2007 and the article 11 of the Hellenic Capital Market Commission decision 1/434/3.07.07, the following:

-          Mr. Kostas Rozakeas, Chief Financial Officer of the Group and Executive member of the BoD, proceeded on 21/10/11 to the purchase of 5,839 (five thousand eight hundred and thirty nine) common shares at the average price of 1.96 euros (one euro and ninety six cents) of total value 11,466.05 euros (eleven thousand four hundred sixty six euros and five cents)

-          Mr. Vasileios Meintanis son of Dimitrios, shareholder and Chief Accountant of the Company proceeded on 21/10/11 to the purchase of 15,700 (fifteen thousand and seven hundred) common shares at the average price of 2.00 euros (two euro) of total value 31,419.99 euros (thirty one thousand four hundred nineteen euros and ninety nine cents).