Increase of participation in Athena SA to 71.28%.

AVAX S.A.

Increase of participation in Athena SA to 71.28%.

Pursuant to Article 282 of the Athens Stock Exchange Regulation and Article 24 of Law 3461/2006, J&P-AVAX S.A. announces the purchase of 13.133 shares of Athena SA at euro 1.67 / share, for a total consideration of euro 21,932.11 on 21.08.2007. Following the transaction, J&P-AVAX S.A. controls 71.28% of Athena SA's share capital.