AXON S.A. HOLDING

Announcement of significant changes to voting rights in accordance with l. 3556/2007 - Correction

Α. The shareholder of our company Mr. Thomas Liakounakos, with his by 7/23/2007 letter has informed us that on 7/18/2007, due to the withdrawal of the guarantee on shares of our company, his holdings percentage on the sum total of his voting rights of AXON Holdings S.A. was changed from 28.699% to 34.729%. This percentage (34.729%) is structured as follows: - Direct holdings of Mr. Th. Liakounakos: 4.381.920 voting rights, namely 13.906%. - Holdings of the controlled company AXON Commercial Industrial and Printing S.A.: 1.846.143 voting rights namely 5.859%. - Holdings of the controlled company AXON DEVELOPMENT S.A.: 4.637.130 voting rights namely 14.716%. - Holdings of the controlled company KERDOS PUBLISHING S.A.: 27.400 voting rights namely 0.087%. - Holdings of the controlled company A.B.Y.T S.A.: 51.000 voting rights namely 0.162%. His holdings in the capital stock of our company remained unchanged at 22.948%.
Β. The Piraeus Bank S.A., with its by 7/20/2007 letter has informed us that on 7/18/2007, due to the withdrawal of the guarantee on the shares of our company, its holdings percentage on the sum total of the voting rights of AXON Holdings S.A. was changed from 15.1357% to 9.1062%. Its holdings on the capital stock of our company are zero.