The company NEOCHIMIKI L.V. LAVRENTIADIS S.A. announces that Mr. Lavrentis Lavrentiadis, shareholder, President of the Board of Directors and CEO of NEOCHIMIKI L.V. LAVRENTIADIS S.A., according to his 3089/16.02.2007 letter to the Hellenic Capital Market Commission, stated that on 16.02.2007 he proceeded to a sale of shares of the above company. As a result his stake in the total voting rights of NEOCHIMIKI L.V. LAVRENTIADIS S.A. is reduced from 24% to 20%, with collateral change of his stake in the total company''s shares.