In compliance with the article 290 of the Regulation of Athens Exchange S.A. and the Commission Regulation of the European Communities No 2273/2003, the company implementing the decision of the Annual General Meeting of the shareholders at 23.05.2008 and the decision of the Board of Directors at 26.05.2008, announces that during the period starting 30th of May 2008 and ending the 30th of September 2008, it intends to purchase up to 300.000 of own shares, through the securities company "INVESTMENT BANK OF GREECE S.A.', at a maximum price of 5,00 euros and at a minimum price of 0,50 euros, for distribution to staff and consultants of the company and its affiliated companies, "KILKIS SPINNING MILLS S.A." and "THESSALY COTTON GINNING S.A.".