Pursuant to the L. 3556 (articles 9, 14, 21 and 27) and following a notification from its shareholder FMR LLC dated 16/05/2008, the company GR. SARANTIS SA announces that its shareholder FMR LLC reduced on 13 May 2008 its participation in GR. SARANTIS SA share capital and voting rights from 5.34% (i.e. 2,049,020 shares and voting rights) to 4.69% (i.e. 1,798,399 shares and voting rights).