TITAN CEMENT COMPANY S.A. announces in accordance with article 4 par.4 of Commission Regulation no 2273/2003 of 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 16.10.2007, the Company purchased 16,500 common shares, with average purchase price euro 34.53 per share and total purchase price euro 569.788,36.
2. On 19.10.2007, the Company purchased 6,000 common shares, with average purchase price euro 35,30 per share and total purchase price euro 211,800.00

The above 22,500 common shares in total, were purchased through the Athens Exchange member Alpha Finance, with average purchase price euro 34.74 per share.”