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 7, 2008 with the purchase of 12,000 registered common shares of total value euro 24,049 and on October 8 with the purchase of 13,000 common shares of total value euro 24,430. Additionally M. Emfietzoglou, Managing Director, proceeded with the purchase of 10,000 register common shares of total value euro 18,275 and 10,000 preferred shares of total value euro 16,080.