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ELLÉNIÊÉ TECHNODOMIKI TEB S.A.

Announcement of important fact

July 14, 2008

ELLAKTOR SA (former ELLINIKI TECHNODOMIKI TEB SA) announces that, in compliance with the decision 3/347/12.7.2005 of the BoD of the Hellenic Capital Market Commission, its subsidiary company AKTOR CONCESSION S.A. increased its participation in the companies GEFYRA S.A. and GEGYRA OPERATION S.A., acquiring shares that were held by the company PROODEUTIKI S.A. More specifically, AKTOR CONCESSION S.A. acquired 1.321% of the share capital of GEFYRA S.A. and 2.424% of the share capital of GEFYRA OPERATION S.A. for a total amount of 4,027,847.89 euros, and consequently owns 22.025% and 23.124% respectively of the aforementioned companies' share capital.



For further information, please contact: Mr. Stergios Pitoskas, Investor Relations, Elliniki Technodomiki, at (3010) 699-6821 or fax at (3010) 699-6850, or Mr. Nicolas Bornozis, President, Capital Link Inc., in New York at (212) 661-7566. This and additional information can be accessed at Capital Link's website www.capitallink.com.

     




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