ALUMIL ALUMINIUM INDUSTRY S.A.

Announcement

Alumil administration, following the announcement on November 18th, 2010, announces the completion of the acquisition of 93.66% of INTERNO SA (following the process of reduction of share capital of INTERNO SA, in order to cover losses from previous years and the simultaneous increase in the company's share capital through a cash payment of EUR 300.000,00). With the completion of the Alumil SA owns 100% of the company INTERNO SA.

(ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 28 subsidiaries, 22 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed € 209 m. in 2009, EBITDA reached € 16.9 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company's significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
(Filoktimon Vakalis | Group Investor Relations & Research
(Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
(Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com