May 22, 2007 M.J.MAILLIS S.A. in order to inform sufficiently the investors announces that the General Meeting of the Shareholders held on 21/05/2007 decided the termination of the Shareholders Buy-Back period, which was resolved as part of the Ordinary General Meeting of the Shareholders on 24.05.2005, and passing of a new resolution on Shares Buy-Back, according to article 16, paragraphs 5 and 6, of Codified Law 2190/1920 and more specifically the company to proceed to a new share buy-back period, in compliance with article 16 par. 5 and 6 of C.L. 2190/1920, in order to further support the share?s value at the Stock Exchange, up to 10% of the total number of shares, i.e. up to 7,317,674 shares, within the following 12 months from today, setting the maximum price at nine euros (9 Euro) per share and the minimum price at one euro (1 Euro) per share.
