Athens, February 12, 2013 - Pursuant to Article 14 par. 3 of Law 3556/2007, “M.J. MAILLIS SA – INDUSTRIAL PACKAGING SYSTEMS & TECHNOLOGIES” (hereinafter "the Company") announces, according to the notification received from the New York Life Insurance Company (“NYLIC”) on February 8,2013, NYLIC and New York Life Insurance and Annuity Corporation, a subsidiary of NYLIC, settled the disposition of their entire participation in the Company, consisting of, in aggregate, 27.008.352 shares and, as a result, NYLIC's direct and indirect voting rights in the Company fell to 0% from approximately 8,363%.