Press Releases: Greece

M. J. MAILLIS S.A.
Joint Venture in India
November 21, 2006 M.J. MAILLIS announces the formation of a joint venture in India with the participation of Group companies with 50% in STRONG STRAP PRIVATE Ltd, in line with Group's expansion strategy in Asia. The company is based in Mumbai and was renamed to MAILLIS STRONG STRAP PRIVATE Ltd. The new company is already proceeding with the production of PET strap in India and will be also promoting the full range of Group products.
For further information, please contact: our Group's Investor Relations Department tel. +302106285000 or e-mail investor.relations@maillis.gr. Distributed by Capital Link Inc. in New York at (212) 661-7566. (Mr. Nicolas Bornozis, President). This information can be also accessed at M.J.Maillis' website at www.maillis.gr, or in Capital Link website at www.capitallink.com with historical company news.