ALUMIL ALUMINIUM INDUSTRY S.A.

Dividend Payment for the year 2007

ALUMIL MILONAS S.A. administration announces that according to articles 279 and 329 of the ATHEX Regulation, during the Annual Ordinary Shareholders' Meeting held on June 6th, 2008, a dividend payout of euro 0.14 per share was decided, for the financial year 2007.
Shareholders entitled to dividend payment are those at the end of the trading session on Monday, June 9th, 2008 (record date). From Tuesday, June 10th, 2008, company shares will be trading ex-dividend.
Dividend payment will start on Thursday, June 19th 2008 from the paying bank 'PIRAEUS BANK S.A.' (Institutional Investors and Ownership Department of Piraeus Bank, 4 Aristidou street, 1st floor, Athens, P. C. 105 59), to the beneficiaries as follows:
1. Through the operators in the Dematerialized Securities System (DSS), according to article 329 of the ATHEX Regulation and the detailed information provided for in the DSS Operation Regulation (Officer Mr. G. Altis, Piraeus Bank tel. +30 210- 32 88 747).
2. Through the branch network of Piraeus Bank, for the shareholders who have asked for exception from their operator in the DSS, or who hold their shares in the special account at the DSS.
3. For the beneficiaries who, for several reasons have not been able to collect their dividend through their operators, dividends may be collected through the branch network of 'PIRAEUS BANK S.A.' from Thursday, June 26th 2008.
For shareholders whose custodian is Piraeus Bank and own ALUMIL shares in the bank?s books on 9/6/2008, dividend payment will be automatically credited to their account, on the payment date.
In the cases 2 and 3, shareholders must hold proof of their code number in the Dematerialised Securities System and present identification card, either in person or through an authorized representative, by December 31st, 2009. After that date (December 31st, 2009), beneficiaries having not collected the dividend will be able to collect it at the company?s central offices (1 Dimokratias Sq., Egnatia Building, 546 29, Thessaloniki & Kilkis Ind. Area, P.C. 611 00, Tel. 23410-79300) and for five years, as provided for by law. The relevant receipts for the Tax Authorities and the shareholders will be printed out by the Company on December 31st, 2008 and onwards.
Shareholders are advised to contact the Company's Investor Relations Department for changes in their contact details or for any other query or clarification (ALUMIL Investor Relations Department, T. +30 2310 555405 & 23410 79300, F: +30 2310 555425 & 23410-71988, Contact person: Mr. Filoktimon Vakalis E-mail: investors@alumil.com).