23/9/2008

Announcement: Purchase of Own Shares

TITAN CEMENT COMPANY S.A. announces that on  22.9.2008, the Company purchased 23,000 common and 490 preference own shares, against an average purchase price of  Euro 25.98 and Euro 19.44 per share and a total purchase price of Euro 597,470.00 and Euro 9,524.62 respectively, in implementation of  decision  dated 20th May 2008 of the Annual General Meeting of Shareholders and resolution dated 20th May 2008 of the Board of Directors. The above 23,000 common and 490 preference own shares purchased  through  Alpha Finance.

The above announcement was notified to the Athens Exchange, the HCMC and was also posted on the Athens Exchange website.