S&B Industrial Minerals S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission that Mr. KARAMIHAS MICHALIS sold on November 13th, 2007, 2000 common shares of our company of a total value of Euro 25.200,00. This transaction has been duly acknowledged to the Company pursuant to article 13 of Law 3340/2005 by Michalis Karamihas, under his capacity as non executive memder of S&B Industrial Minerals S.A Board of Directors.