MICHANIKI S.A.

Announcement

MICHANIKI S.A, in accordance with the provisions of law 3556/2007, art. 21 coupled with the art. 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, notifies that the shareholder and Board Chairman of the company, Mr. Emfietzoglou Prodromos proceeded on May 8 and 9, 2008 with the purchase of 7,000 and 18,000 registered common shares of total value euro 34,240 and euro 87,240.