SATO OFFICE AND HOUSEWARE SUPPLIES S.A.

Announcement according to Law 3556/2007

In accordance with Law 3556/2007 (article 21) and in combination with Decision 1/434/03.03.2007 (article 11) of the Hellenic Capital Market Commission, SATO S.A. announces that on 31/08/2007 the Member of the Board of Directors Mr. Konstantinos Karakostas, sold 2.000 common shares with a total net value of 5.815 euros.