ALAPIS S.A. announces, in accordance to the briefing it received from its major shareholder Mr Lavrentios Lavrentiadis that:
"On 25.06.2007, Mr Lavrentios Lavrentiadis proceeded to the sale of 19.600.000 shares of ALAPIS S.A. at a total amount of ? 150.920.000 to foreign institutional investors, through private placement, organized by Sal Oppenheim Bank, in cooperation with Piraeus Securities, EMBORIKI BANK S.A., INVESTMENT BANK OF GREECE S.A., and PROTON BANK. As a result, its stake in the company is reduced from 52,58% to 40,59%".