AVAX S.A.

ANNOUNCEMENT ON IMPORTANT TRADE INFORMATION (LAW 3556/2007)

According to Law 3556/2007, J&P-AVAX SA announces the purchase of 14,170 shares of J&P-AVAX SA for a consideration of €13,759.90 on 07.07.2011 by its Managing Director Mr Constantine Mitzalis (designated an insider under Article 13 of Law 3340/2005).