Titan Cement Company S.A. announces that according to the Stock Option Plan approved by the General Meeting of Shareholders on 29 May 2007, 75 beneficiaries are invited to exercise from 8 to 10-12-2010, stock options for the purchase of 41,064 new common Company shares, at an exercise price equal to the nominal price of the Company’s share, i.e. 4 Euro per share.

Depending on the number of stock options exercised by the beneficiaries, the Company Board of Directors, at its forthcoming meeting on 16.12.2010, will proceed to the increase of the Company share capital pursuant to article 13 section 13 of Codified Law 2190/1920 as well as to the issuance of new common Company shares and shall take all actions for the listing of the new shares for trading in the Athens Exchange.

The above announcement was notified to the Athens Exchange and was posted on its website.