AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions on its shares on 20.06.2011 by insiders (as per Article 13 of Law 3340/2005):
-purchase of 2,500 shares for a consideration of €1,905.00 by Deputy Chairman Mr Constantine Kouvaras
-purchase of 2,950 shares for a consideration of €2,247.00 by Managing Director Mr Constantine Mitzalis.