EUROPEAN RELIANCE S.A. (the Company) announces, ιn accordance with the provisions of Laws 3340/2005 and 3556/2007, of Decision 1/434/3.7.2007 and Circular Nr 33 of the Hellenic Capital Market Commission that on 4^th May 2010, Mrs Konstantinidou Eudokia,  a person which is closely associated to the Executive member of the Board of Directors Mr. Sharp Erik Kristofer, bought 974.552 common shares of the Company of total value euro 1.208.444,48.