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M. J. MAILLIS S.A.

Announcement

May 17, 2007

M.J.MAILLIS GROUP, strengthening its organizational structure, announces the appointment of Mr Victor Papaconstantinou to the position of Chief Financial Officer - International Operations as of May 2, 2007.

Mr Papaconstantinou is a Chemical Engineer with an MBA from Warwick Business School and also a Certified Chartered Accountant. His previous experience has been gained in PricewaterhouseCoopers and in Air Liquide.



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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