AVAX S.A.

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

Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions dated 05.09.2008 on its shares by private investors related to insiders (as per Article 13 of Law 3340/2005):
purchase of 3,405 shares for a total consideration of 12,909.40 euros by Mrs Xaviera Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras
purchase of 3,500 shares for a total consideration of 13,274.40 euros by Mrs Chrysavgi Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras