PEGASUS PUBLISHING S.A.

Announcement according to Law 3556/2007

Αccording to Law 3556/2007, Decision 1/434/03.07.2007 and Circular Νο. 33 of the Hellenic Capital Market Commission, PEGASUS PUBLISHING S.A. announces that on January 22nd, 2008, Mr. Fotios G. Bobolas, Managing Director of the Company, bought eight thousand (8.000) common shares with total net value of 15.863,60 euro.