TITAN CEMENT COMPANY S.A.

Sale of tangible registered shares

Pursuant with article 6 of resolution 1/380/4.5.2006 of the Hellenic Capital Market Commission, Titan Cement Company S.A. announces that the sale, according tο article 99a of the ATHEX Regulation, of 4,784 common and 2,736 preferred registered shares that had not been surrendered for dematerialisation was completed on 18/6/2007. The net outcome of the sale (after deduction of taxes and costs) amounting to Euro 284,142.46, will be deposited in favour of the entitled shareholders with the Treasury Collateral and Loans Fund within seven working days from the date of completion of the sale.