AVAX S.A.

Announcement On Important Trade Information(Law 3556/2007)

In accordance with Law 3556/2007, J&P-AVAX SA announces the purchase of 3,500 shares on 27.05.2011 for a total consideration of €3,002.50 by Deputy Chairman Mr Constantine Kouvaras (considered an insider, as per Article 13 of Law 3340/2005).