ΤΙΤΑN CEMENT COMPANY S.A. announces that, pursuant to its Board of Directors resolution dated 12.1. 2010, it intends to proceed, within the period from 13.1.2010 to 12.2.2010, to the sale, through the Athens Exchange, of 15,597 treasury common shares, representing 0.018% of the Company’s paid up share capital, at a minimum sale price οf Euro 20 per share. The sale of the said treasury common shares is mandated in view of the impending completion of the statutory three- year period from the date they were acquired by the Company, as provided by Codified Law 2190/20 ( Article 16 par. 5 et seq.) prior to its amendment by law 3604/1920.
The above announcement was notified to the Athens Exchange and was posted on its website.