TITAN CEMENT COMPANY S.A.

Announcement

TITAN CEMENT COMPANY S.A. announces pursuant to article 9 par. 5 of Law 3556/2007 that following Share Capital increase through capitalization of reserves which was decided by the Company's General Assembly of 20/5/2008 and approved by K2-6974/9.6.2008 decision of the Ministry of Development, the Company's Share Capital amounts to Euro 338,130,296 and is divided into 84.532.574 shares of a nominal value of Euro 4 each, from which 76,963,614 are common shares and 7,568,960 are preference non voting shares.