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 19.02.2009 on its shares by private investors related to insiders (as per Article 13 of Law 3340/2005):
purchase of 1,022 shares for a total consideration of euro 1,811.50 by Mrs Xaviera Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras.
purchase of 2,000 shares for a total consideration of euro 3,523.00 by Mrs Chrysavgi Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras.