S & B ΒΙΟΜΗΧΑΝΙΚΑ ΟΡΥΚΤΑ Α.Ε.

Announcement of deviation from the Share Buy Back limit of 25%.

S&B Industrial Minerals S.A., announces that, within the framework of the relevant resolutions of its Shareholders' Meeting dated 14.5.2008 regarding the share buy back and in accordance with article 5 par. 3 of Commission Regulation (EC) No 2273/2003 upon fulfillment of the conditions provided therein, it may proceed during the period from 01.02.2009 to 31.03.2009 with share purchases over the limit of 25% of the average daily volume without exceeding 50% thereof, as particularly provided in par. 2 and 3 of art. 5 of the above mentioned Regulation.