CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY S.A

Announcement pursuant to Greek Law 3556/2007

MOTODYNAMICS S.A. announces, following the relevant notices of its shareholder that the voting rights of MORGAN STANLEY on 22/7/08 have decreased from 312.077 (6,083%) to 228.239, i.e. 4,449 % on the total of company voting rights (direct: 0, indirect: 228.239).
MORGAN STANLEY holds those shares as custodian on behalf of the following funds of which the investment manager is Lansdown Partners Limited Partnership: Lansdown European Equity Fund Limited, Lansdown European Long Only Fund Limited, Lansdown European Long Only Fund LP and Lansdown European Strategic Equity Fund LP.