AVAX S.A.

Announcement on important trade information(Law 3556/2007)

Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transactions dated 27.06.2011 on its shares by insiders (as per Article 13 of Law 3340/2005):
-purchase of 1,500 shares for a consideration of €1,343.00 by Deputy Chairman Mr Constantine Kouvaras
-purchase of 35,000 shares for a consideration of €31,243.04 by Managing Director Mr Constantine Mitzalis.