Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions on its shares by insiders (as per Article 13 of Law 3340/2005):
-purchase of 4,000 shares for a consideration of €2,917.00 by Deputy Chairman Mr Constantine Kouvaras on 17.06.2011
-purchase of 10,000 shares for a consideration of €6,909.84 by Vice Chairman Mr Nicholas Gerarhakis on 15.06.2011
-purchase of 10,000 shares for a consideration of €6,941.89 by Vice Chairman Mr Nicholas Gerarhakis on 16.06.2011
-purchase of 8,000 shares for a consideration of €5,834.50 by Managing Director Mr Constantine Mitzalis.