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 23.02.2009 on its shares by private investors related to insiders (as per Article 13 of Law 3340/2005):
-purchase of 1,670 shares for a total consideration of euro 2,970.06 by Mrs Xaviera Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras
-purchase of 1,000 shares for a total consideration of euro 1,770.00 by Mrs Chrysavgi Kouvaras, a close relative of its Deputy Chairman Mr Constantine Kouvaras