With reference to the article in page 18 of Kyriakatiki Eleftherotypia of 25/5/08, the Company would like to comment that the information regarding on-going negotiations with the steel producers Severstal and MMK is inaccurate. Specifically, the are no on-going discussions, nor are any expected to commence, with either of the above mentioned companies or with any other steel producer, for the purposes of producing on their behalf steel strap using raw material supplied by them without charge. However, M.J. MAILLIS Group is in continuous contact with several of the large steel producers in the context of offering to them the complete packaging solution for their products, given that they constitute one of the Group?s key target markets globally.