AVAX S.A.

Announcement on important trade information (Law 3556/2007)

According to Law 3556/2007, J&P-AVAX SA announces the purchase of 20,000 shares of J&P-AVAX SA for a consideration of €18,400.00 on 22.06.2011 by its Managing Director Mr Constantine Mitzalis (designated an insider under Article 13 of Law 3340/2005).