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M. J. MAILLIS S.A.

Announcement

June 8, 2007

On the occasion of verbal queries by representatives of the Press, it has come to the attention of the company that vague rumours circulate in respect of an alleged transaction in progress, involving the company and a foreign investor. The company is required to refute such rumours.

The company has proven that it takes all necessary measures to inform investors on a specific, timely and reliable basis and will continue to comply with its obligations in each instance that circumstances so warrant.

The company wishes to remind investors that the Maillis group is active across an extensive territorial footprint and operates through a number of separate entities. In view of the high standards required in maintaining a leading role in the sector, Maillis group companies regularly consult with various advisors, amongst other matters in respect of strategy, reorganisation and further growth. In addition, it is understood that, given the international reach and positioning of the group, group entities are presented with expressions of interest from various sources on a regular basis.

The company recommends that investors exercise caution, as dissemination of similar rumours originates from circles of interests unknown to the company.



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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