J&P-AVAX SA announces that the Extraordinary General Meeting of its shareholders on 27.03.2019 approved, amongst other items on the agenda, the change of its corporate name from “J&P-AVAX SOCIETE ANONYME – CONTRACTING – TOURISTIC – COMMERCIAL – INDUSTRIAL - BUILDING MATERIALS AND EQUIPMENT” to “AVAX SOCIETE ANONYME – CONTRACTING – TOURISTIC – COMMERCIAL – INDUSTRIAL - BUILDING MATERIALS AND EQUIPMENT“. The abbreviated corporate name will also change from “J&P-AVAX SA” to “AVAX SA”.

Greece's Finance and Development Ministry with its #40094/09.04.2019 decision, posted on the General Corporate Registry on 09.04.2019 with a record entry of 1720911, approved the amendment of relative articles in the Corporate Charter. The Corporate Actions Committee of the Athens Stock Exchange was informed of this decision on its 23.04.2019 meting.

Taking into account the above, the company decided that on 02.05.2019 its corporate name will change into “AVAX SOCIETE ANONYME – CONTRACTING – TOURISTIC – COMMERCIAL – INDUSTRIAL - BUILDING MATERIALS AND EQUIPMENT“, abbreviated into “AVAX SA”.

For further information, investors may contact the company's investor relations unit (Mr Angelos Kiosklis, tel +30 210 6375592).

Marousi, April 24, 2019

THE BOARD OF DIRECTORS