AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the purchase of 4,000 shares of J&P-AVAX SA for a consideration of €5,188.65 on 01.07.2010 by its Independent Non-Executive Director Mr David Watson (designated an insider under Article 13 of Law 3340/2005).