Athens, 7/05/2012

 

Purchase of Own Shares (limit breach intention)

In effect of the article 5, paragraph 3 of the 2273/2003 Regulation of the European Commission, the company GR. SARANTIS S.A. announces that within the context of the share buyback program, according to article 16, Law 2190/1920, and based on the resolution of the Shareholder's Ordinary General Meeting which took place on the 30/06/2010, it plans to proceed during the trading sessions between 7/05/12 and 14/05/12 to share purchases exceeding the limit of 25% of the average daily volume, as the latter is defined in paragraph 2 of the aforementioned article.

The share purchases will not exceed the 50% of the average daily volume.