27/3/2008

Announcement: Purchase of Own Shares

TITAN CEMENT COMPANY S.A. announces in accordance with article 4 par.4 of Commission Regulation no 2273/2003 of the European Communities, that the Company has proceeded to the purchase of own shares, pursuant to decision of the Annual General Meeting of Shareholders dated 10th May 2007 and resolution of the Board of Directors dated 10th May 2007, as follows :

  1. On 13.3.2008, the Company purchased 13,000 common shares, with an average purchase price euro 26.61 per share and a total purchase price euro 345,960.00.
  2. On 14.3.2008, the Company purchased 10,000 common shares, with an average purchase price euro 26.58 per share and a total purchase price euro 265,788.00
  3. On 17.3.2008, the Company purchased 27,400 common shares, with an average purchase price euro 25.94 per share and a total purchase price euro 710,890.40
  4. On 18.3.2008, the Company purchased 25,456 common shares, with an average purchase price euro 25.94 per share and a total purchase price euro 660,274.80
  5. On 19.3.2008, the Company purchased 30,000 common shares, with an average purchase price euro 26.82 per share and a total purchase price euro 804,696.28
  6. On 20.3.2008, the Company purchased 3,000 common shares, with an average purchase price euro 26.06 per share and a total purchase price euro 78,180.00
  7. On 26.3.2008, the Company purchased 30,230 common shares, with an average purchase price euro 25.91 per share and a total purchase price euro 783,304.00
The above 139,086 common shares in total, were purchased through the Athens Exchange member Alpha Finance, with an average purchase price euro 26.24 per share.

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