AVAX S.A.

Announcement on important trade information (Law 3556/2007)

In accordance with Law 3556/2007, J&P-AVAX SA announces the following transactions dated 12.02.2009 on its shares by private investors related to insiders (as per Article 13 of Law 3340/2005):
purchase of 320 shares for a total consideration of euro euro 620.80 by Mrs Xaviera Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras
purchase of 320 shares for a total consideration of euro 620.80 by Mrs Chrysavgi Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras