CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY S.A

Share Buy Back.

MOTODYNAMICS S.A. announces in accordance with article 16 of Greek Law 2190/20 and with Regulation no 2273/2003 of the European Comity, pursuant to the decision of the Annual General Meeting of Shareholders dated 30/5/2008 and the resolution of the Board of Directors dated 6/10/2008, that has proceeded on 22/01/2009 to the purchase of 1.612 own shares with an average purchase price Euro 1,82 per share and a total purchase price Euro 2.958,41. The above 1.612 shares were purchased through ALPHA FINANCE.