AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007).

Pursuant to Law 3556/2007, J&P-AVAX SA announces the purchase of 10,000 shares of J&P-AVAX SA for a total consideration of euro 59,400.00 on 10.01.2008 by its Executive Director Mr Constantine Lysaridis (designated an insider under Article 13 of Law 3340/2005).