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 22, 23 and 24 2008 with the purchase of 50,000 224,572 and 102,000 registered common shares of total value euros 78,000 euros 298,497 and euros 116,800. Additionally M. Emfietzoglou, proceeded on October 23 with the purchase of 10,000 common shares of total value euros 13,250 and of 10,000 preferred shares of the company of total value euros 12,200.