ELMEC SPORT S.A.

Announcement

Elmec Sport S.A. announces that, following the changes in the ownership and the management of the Company, as these have been disclosed on the 22/6/2007 and 25/7/2007 announcements of the Company, new Chief Executive Officer of the Company will be the up-todate Chief Financial Officer of the company, Mr Christos Hatziyakoumis.
Mr Nikos Zaharatos will be the new Chief Financial Officer while Mr Nikos Anamourloglou will be the new Investor Relations Officer and Ms Theodora Giotaki will be in charge of the shareholders department.