AVAX S.A.

Announcement on important trade information (Law 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions dated 26.06.2008 on its shares by private investors related to insiders (as per Article 13 of Law 3340/2005):
- purchase of 2,500 shares for a total consideration of 11,250.00 euros by Mrs Xaviera Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras
- purchase of 2,500 shares for a total consideration of 11,250.00 euros by Mrs Chrysavgi Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras