ALAPIS Α.Β.Ε.Ε.

Announcement

The Company ALAPIS S.A. according to L. 3556/30.04.2007 (as per article 9 par. 5) and for the purpose of estimating and defining the limits of acquiring or disposing significant participation of shares from shareholders or holders of voting rights, announces that as a result of the Company's Share Capital Increase through cash, according to the Extraordinary General Shareholders' Assembly decision on 18/06/2007 and the initiation of trading of 817,166,850 new common registered shares on July 30th , 2007, the Company's Share Capital amounts to Euros 245,150,055 divided in 980,600,220 common registered shares, with 980,600,220 total number of voting rights, nominal value of Euro 0.30 each.