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 10,000 shares on 02.06.2011 for a total consideration of €8,000.00 by Mr Constantine Mitzalis, Managing Director (considered an insider, as per Article 13 of Law 3340/2005).