ΤΙΤΑN CEMENT COMPANY S.A. announces that pursuant to decision taken on 4.3.2013 by the  Board of Directors, the Company will sell ( off exchange ) in the framework of the Stock Option Plan which was established by virtue of decision dated 3.6.2010 of the General Meeting of Shareholders, to 94 Titan Group executives including 5 executive Board members of the Company,  63,594 own common Company shares, representing 0.08% of the paid up share capital of the Company at a sale price per share  equal to the nominal value of  the Company share i.e. Euro 4 per share. As provided in the Stock Option Plan , the above sale of  treasury stock will be  effected  within April and October of  2013 and 2014 , provided that the beneficiaries / Group executives exercise their respective stock options.
Pursuant to Board decision dated 22.6.2010  a larger number of stock options, namely 254,340 stock options, had been granted to the beneficiaries/Group executives,  out of which only 25 %, namely 63,594 rights, vested in accordance with the terms of the Stock Option Plan.