The company M.J.MAILLIS S.A. refuses rumors regarding discussions with General Electric for a possible cooperation that appeared yesterday on the website www.reporter.gr. In order to avoid repetition please refer to the company announcement dated June 8th, 2007.

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.