MICHANIKI S.A.

Regulating Decision.

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 9 and 10, 2008 with the purchase of 20,000 registered common shares of total value Euro 93,034.80.