PEGASUS PUBLISHING S.A.

Announcement according to L. 3340/2005

According to Law 3556/2007, Decision 1/434/03.07.2007 and Circular Νο. 33 of the Hellenic Capital Market Commission, "PEGASUS PUBLISHING S.A." announces, that Mrs. Irene Ch. Manousaki wife of Fotios G. Bobolas, Managing Director of the Company, on February the 22nd, 2011, bought 46.000 common shares of the Company, of total net value €25.300,00. The above transaction was communicated to the company in accordance with Article 13, Law 3340/2005, as valid.