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

Announcement re Companys business activities

3/09/08

S.D. CONSTANTINOU & SON S.A. notifies, according to the provisions of the Laws 3340/2005 and 3556/2007 that the negotiations with TITAN CEMENT CO. S.A. and its subsidiary IONIA S.A. regarding its porcelain business activities have not produced an agreement.

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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