TITAN CEMENT COMPANY announces the termination on 10/5/2008 of the period (23.5.2007 to 10.5.2008), which had been specified by Board decision dated 10.5.2007 following a relevant decision of the Annual General Meeting of Shareholders dated 10.5.2008, for the implementation of a share buy back program of up to 10% of the Company shares, against a minimum purchase price equal to the par value of each Company share i.e. Euro 2 per share and a maximum purchase price Euro 50 per share.
 

Within the above period (23.5.2007 to 10.5.2008) the Company has acquired 2,053,781 common shares against an average purchase price of Euro 31.05 per share and 800 preference shares against an average purchase price of Euro 26.07 per share, representing in total 2.43% of the Company Share Capital.
 

The total number of Company shares owned today by the Company amounts to 2,087,781 common shares and 800 preference shares, representing 2.47% of the Company share capital.