Μ. Ι. ΜΑΪΛΛΗΣ Α.Ε.Β.Ε.

PRESS RELEASE M.J. MAILLIS S.A.

Mr. M. J. Maillis, CEO and Chairman of the B.o.D. of M. J. Maillis S.A. during his meeting with Greek institutional investors presented the prospectives of the M. J. Mailllis Group for the year 2001 stretching out the following: ?Sales in the first quarter 2001 are growing with a rate of 37%, compared with the first quarter 2000, reaching a level of consolidated sales around 20 bln GRD (58 mln EURO)?. ?Earnings before tax (E.B.T.) are expected to grow accordingly?. ?This substantial organic improvement of Group results reflects a clear market share increase especially in Europe?. ?M. J. Maillis Group is expanding and dynamically increasing its sales operating through own distribution networks almost all over Europe servicing more than 40.000 customers. Group strategy, growth steps and integration efforts during the last two years were confirmed?. ?The Group is reconfirming its overall growth target of 30% for 2001?.