MICHANIKI S.A, in accordance with the provisions of law 3556/2007, art. 21 coupled with the art. 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, notifies that the shareholder and Board Chairman of the company, Emfietzoglou Prodromos proceeded on October 30 and 31 2008 with the purchase of 52,000 and 11,000 registered common shares of total value euro 69,100 and euro 14,660. Additionally, M. Emfietzoglou, managing director proceeded on October 29 with the sale of 10,000 common shares of total value euro 13,970 and on October 30, with the purchase of 5,000 common shares of the company of total value euro 6,550.