CORINTH PIPEWORKS HOLDINGS S.A.

Notification of change in company' s management

Pursuant to the provisions of Article 2 par. 2(e) of the Decision of Capital Market's Commission Board of Directors No. 3/347/12.07.2005, CORINTH PIPEWORKS S.A. hereby informs the investment community about the following organizational changes:
The Board of Directors of CORINTH PIPEWORKS S.A. has resolved on July 1st 2008 that Mr. Stefanos Katsoulas is appointed as the Head of company's internal audit department as of 1st July 2008 in replacement of Mr. Ioannis-Dimitrios Papadimitriou.