S & B INDUSTRIAL MINERALS S.A.

Announcement pursuant to Law 3556/2007

S&B Industrial Minerals S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission and article 13 of Law 3340/2005 that the following executives and executive members of the BoD were distributed shares arising from the share capital increase through capitalisation of undistributed tax profits of fiscal year 2007:
1. Anavlavis Kriton, CFO, 13.075 common shares
2. Androulakis Thomas, Bauxite and Otavi Division General Manager, 5.905 common shares
3. Sardemann Jurgen, Stollberg Division General Manager, 3.173 common shares
4. Koumandou Irene, Director of CSR & Communication, 4.074 common shares
5. Valavani Evaggelia, Corporate Human Resources Manager, 4.512 κοινές μετοχές
6. Papaefstratiou Stratis, Real Estate Ent. Manager, 3.270 common shares
7. Kyriacopoulos Ulysses, BoD President, 10.000 common shares
8. Chatziparaskevas Aristidis, Perlite Division General Manager, 6.492 common shares
9. Paniaras Ioannis, Bentonite Division General Manager, 525 common shares