ALAPIS Α.Β.Ε.Ε.

Announcement pursuant to Law 3556/2007

The company ALAPIS S.A. announces in accordance with articles 3 & 21 of Law 3556/2007, that Mr Lavrentios Lavrentiadis , obliged person according to article 13 of Law 3340/2005, informed the Company that on 17/10/08 he proceeded to the purchase of 500.000 registered shares of the Company at euro 1.14 each and total net value of euro 567,800.00.