7/1/2008

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 24.12.2007, the Company purchased 2,984 common shares, with an average purchase price euro 30.67 per share and a total purchase price euro 91,532.60.
  2. On 27.12.2007, the Company purchased 7,560 common shares, with an average purchase price euro 30.93 per share and a total purchase price euro 233,823.20.
  3. On 28.12.2007, the Company purchased 4,000 common shares, with an average purchase price euro 31.04 per share and a total purchase price euro 124,144.46.
  4. On 2.1.2008, the Company purchased 6,000 common shares, with an average purchase price euro 31.22 per share and a total purchase price euro 187,320.00.
  5. On 3.1.2008, the Company purchased 11,910 common shares, with an average purchase price euro 32.25 per share and a total purchase price euro 384,136.80.
  6. On 4.1.2008, the Company purchased 14,000 common shares, with an average purchase price euro 32.03 per share and a total purchase price euro 448,369.16.
The above 46,454 common shares in total, were purchased through the Athens Exchange member Alpha Finance, with an average purchase price euro 31.63 per share.


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