AVAX S.A.

Announcement on important trade information (law 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the purchase of 7,140 shares of J&P-AVAX SA for a consideration of euro 21,447.60 on 07.10.2008 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).