ALAPIS Α.Β.Ε.Ε.

Announcement

The company ALAPIS ABEE (hereafter the "Company"), pursuant to article 14 of L. 3556/2007 and following notification received on May 14th 2008 by BESTINVER GESTION S.A. SGIIC, that on May 9th 2008, the said company proceeded to the purchase of Company's shares through a number of controlled companies and as a result, its total number of shares and voting rights amounted to 52,349,805. Hence, its percentage on the Company's total number of shares and voting rights increased to 5.348%. It is noted that the abovementioned percentage on the Company's total number of shares and voting rights is included in the 6.043% reported by SANTANDER INVESTMENT SERVICES S.A. on May 13th 2008.