Announcement on important trade information (Law 3556/2007).

AVAX S.A.

Announcement on important trade information (Law 3556/2007).

Pursuant to Law 3556/2007, J&P-AVAX SA announces the purchase of 6,000 shares of J&P-AVAX SA for a consideration of euros 17,437.24 on 08.10.2008 by a legal entity related as per Law 3340/2005 to its Chairman Mr Leonidas Joannou (designated an insider under Article 13 of Law 3340/2005).