AVAX S.A.

Announcement of Important Trade Information (Law 3556/2007)

According to Law 3556/2007, J&P-AVAX SA announces the following transactions dated 08.06.2011 on its shares by insiders (as per Article 13 of Law 3340/2005):
-purchase of 8,700 shares for a total consideration of €6,233.00 by Deputy Chairman & Executive Director Mr Constantine Kouvaras
-purchase of 10,000 shares for a total consideration of €7,200.00 by Executive Director Mr Constantine Lysarides