TITAN CEMENT COMPANY S.A. ( the Company) announces the expiration on 22.5.2007 of the twelve month period that had been set by the Annual General Meeting of Shareholders of 23.5.2006 for the acquisition by the Company of its own shares, in accordance with article 16 par. 5 and following of codified law 2190/1920.
In execution of the above General Meeting resolution, the Company bought back within the above period 34,000 own common shares at an average purchase price of euro 37.91 per share.
The above 34,000 common shares constitute the total number of own shares owned by the Company and represent 0.04% of the Company's share capital.