AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

In accordance with Law 3556/2007, J&P-AVAX SA announces the purchase of 1,470 shares on 13.05.2011 for a total consideration of €1,543.50 by Deputy Chairman Mr Constantine Kouvaras (considered an insider, as per Article 13 of Law 3340/2005).