Investor Relations | Yalco S.D.Constantinou & Son S.A.

Press Release

26/03/08

S.D. CONSTANTINOU & SON S.A.-YALCO announces pursuant to Laws 3340/2005 and 3556/2007 that it has started preliminary discussions with Titan Cement Co S.A. regarding its porcelain business activities and its subsidiary Ionia S.A.

The Company will make an official announcement in case a final agreement is concluded.

For further information, please contact:Mr. George Makris, Executive BoD member - Supervision of Shareholders & Corporate Announcements Department, Socrates D. Constantinou & Son S.A., e-mail: makris@yalco.gr, tel: (+30)210 629-9999 fax:(+30)210 800-0866 or Mr. Nicolas Bornozis, President, Capital Link Inc. in New York at (212) 661-7566. The press release in question as well as any additional information are available on Capital Link's website www.capitallink.com.

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