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NEOCHIMIKI S.A.
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ANNOUNCEMENT PURSUANT TO ARTICLE 14 OF L. 3556/2007
May 16, 2008

The company NEOCHIMIKI ABEE (hereafter the "Company"), pursuant to article 14 of L. 3556/2007 and following notification received on May 13th 2008 by SANTANDER INVESTMENTS SA, that on May 9th 2008, the company proceeded to the sale of Company?s shares and as a result, its total number of shares and voting rights decreased from 3,564,331 to 649,229. Hence, its percentage on the Companys total number of shares and voting rights changed from 9.901% to 1.803%.



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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