S & B ΒΙΟΜΗΧΑΝΙΚΑ ΟΡΥΚΤΑ Α.Ε.

Announcement - revised

“S&B Industrial Minerals S.A.” (S&B) announces pursuant to L. 3556/2007, as it stands in effect, and the Decision 1/434/03.07.2007 of the Hellenic Capital Market Committee that the shareholder “SCR – SIBELCO NV” informed S&B by written notification, sent on 12/12/2011, for the purchase of 440,299 S&B shares οn 7/12/2011 through its custodian FORTIS BANK N.V. SA.

After the above transaction SCR – SIBELCO NV holds 19.02% of S&B's share capital and the corresponding voting rights, compared to 15.32% referred into its last notification on 26/09/2008.  Prior to the above purchase on 7/12/2011, SCR-Sibelco NV held 18.16% of S&B's share capital and corresponding voting rights.