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NEOCHIMIKI S.A.
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ANNOUNCEMENT PURSUANT TO ARTICLE 14 OF L. 3556/2007.
May 9, 2008

The company "NEOCHIMIKI S.A." (hereafter the "Company"), pursuant to article 14 of the L. 3556/2007 and following notification received by Mr. Lavrentis Lavrentiadis, announces that Mr. Lavrentis Lavrentiadis proceeded today, on 09.05.2008, to the sale of 7,200,000 shares and voting rights that correspond to the 20% of the total shares and voting rights of the Company, to the company "Green Bidco Commercial and Industrial S.A." against payment of a consideration of 19 Euros per share. The above sale was executed pursuant to the relevant shares sale agreement dated 08.05.2008 between seller and purchaser.

After the above, Mr. Lavrentis Lavrentiadis does not possess any shares in the Company.



For further information, please contact: Mr. Charalambos Stavrinoudakis ,Chief Financial Officer, at tel: (+30)210-94.60.400 , fax: (+30) 210-94.60.401 or contact Mr. Nicolas Bornozis, President, at Capital Link, Inc. in New York at (212) 661-7566. This and additional information can be accessed on Capital Link's website at www.capitallink.com.








   
 
 
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