MICHANIKI S.A.

Publication of regulated information

MICHANIKI S.A, in accordance with the provisions of law 3556/2007, art. 21 coupled with the art. 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, notifies that the shareholder and Board Chairman of the company, Mr. Emfietzoglou Prodromos proceeded on January 23, 2008 with the purchase of 8,000 registered common shares of total value ? 30,667. Additionally Ms Emfietzoglou Melpomeni, Managing Director proceeded on January 23, 2008 with the purchase of 5,000 registered common shares of total value 18,900 euros.