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M. J. MAILLIS S.A.

Clarification with respect to the thresholds provided by article 9 of Law 3556/2007.

May 20, 2008

The company M.J.MAILLIS S.A. informs the investors that, within the scope of obligations imposed by Law 3556/2007 in combination with Circular nr.32 of the Hellenic Capital Market Commission regarding the function of common investment accounts and clarifications about the implementation of decision 3/403/8.11.2006 of the Hellenic Capital Market Commission, for the calculation of the thresholds provided by paragraph 1 of article 9 of Law 3556/2007, each liable person, who is a joint owner together with third parties of a common investment account, is obliged to add the voting rights which are embodied in securities in his/her individual investment account together with the voting rights that correspond to securities that are included in the common investment account of which he/she is a joint owner.

The same obligation pursuant to Law 3556/2007 applies to all the other joint owners of the common investment account, given that such persons are the joint owners of the total of the securities held in the common investment account.



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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