START UP OF NEW MANUFACTURING FACILITY IN THE US

M.J. Maillis Group announces the successful completion of the first phase of its investment in North America with the start up of the new manufacturing facility in South Carolina for the production of pet strapping. This investment together with the Group?s established North American machines production create the "springboard" for further aggressive expansion.

For more information, please contact our Group's Investor Relations Department (Mrs. Alexandra Konida, Group Treasury & Investor Relations Director, tel. 210-6285202 or e-mai alexandra.konida@maillis.gr)