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MYTILINEOS HOLDINGS S.A.

Announcement of acquisition of owned shares

September 5, 2008

The company under the name MYTILINEOS SA.-GROUP OF COMPANIES hereby announces that, pursuant to law 2190/1920 nr. 16, as in force, and further to relevant decisions of the Extraordinary General Meeting of its shareholders of 07.12.2007 and its Board of Directors (meeting of 07.12.2007), and also in implementation of article 4, para. 4 of regulation nr. 2273/2003 of the EC Committee, on 04.09.2008 it proceeded to the acquisition of owned shares as follows:

1. Through the stock exchange member 'EFG EUROBANK Securities S.A.', the Company acquired 30.000 shares of a total value of euros 233,521.58 at an average acquisition price of euros 7.78 per share.

2. Through the stock exchange member 'NATIONAL P&K Securities S.A.', the Company acquired 4.000 shares of a total value of euros 30,960.30 at an average acquisition price of euros 7.74 per share.



For further information, please contact: Mr. Nikos Kontos, Head of the Shareholders Department, Mrs. Irini Kakoulidou, Group Communication Manager, Mytilineos Holdings S.A. in Athens at tel: (3010) 687 7300, or Nicolas Bornozis, Capital Link Inc. in New York at (212) 661-7566.This and addititional can also be accessed on Mytilineos' website www.mytilineos.gr or on Capital Link's website www.capitallink.com with historical company news.

     




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