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M. J. MAILLIS S.A.

Establishment of M.J. Maillis Systems Srl

March 8, 2007 M.J. MAILLIS S.A. announces that it has finalized the procedures of establishment and registration of M.J. Maillis Systems Srl based in Gerenzano (VA), Italy. The company is wholly owned by the Group's subsidiary in Luxembourg, Europack S.A. The new company undertook the production activity of automatic wrapping machines, which was previously part of the SIAT Spa operations. This move is indicative of the importance that the Group places on the growth opportunities of the specific product range.



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.


     




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