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TITAN CEMENT COMPANY S.A.

Announcement

September 3, 2008

TITAN CEMENT CO. S.A. announces that the discussions with YALCO-S.D. KONSTANTINOU & SON S.A. regarding its porcelain business activities and its subsidiary IONIA S.A. have not produced an agreement. Therefore, the Company will carry on the normal course of its activities in the above sector



For further information, please contact: Mr. Takis Canellopoulos, Titan Cement S.A., Investor Relations Manager, tel (3010) 259-1531, e-mail: tac@titan.gr or Mr. Nicolas Bornozis, President, Capital Link Inc. in New York at (212) 661-7566. This and additional information can be also be accessed in Titan Cement's website www.titan.gr, or in Capital Link's website www.capitallink.com

     




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