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S&B INDUSTRIAL MINERALS S.A.

Press Releases

ANNOUNCEMENT PURSUANT TO LAW 3556/2007

October 30, 2008

S&B Industrial Minerals S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission that Ms NOMICOU CALYPSO-MARIA purchased on 27/10/2008, 1.100 common shares of our company of a total value of Euro 6.962,00.

This transaction has been duly acknowledged to the Company pursuant to article 13 of Law 3340/2005 by Ms Kalypso-Maria Nomicou, under her capacity as non executive member of the Board of Directors.

For further information, please contact: Mr. Haris Kotsokolos, Investor Relations Manager, S&B Industrial Minerals S.A , tel: (+30) 210 6296157, fax: (+30) 210 6296074

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