CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY S.A

Share buy-back

MOTODYNAMICS S.A. announces in accordance with article 16 of Greek Law 2190/20 and with Regulation no 2273/2003 of the European Comity, pursuant to the decision of the Annual General Meeting of Shareholders dated 30/5/2008 and the resolution of the Board of Directors dated 6/10/2008, that has proceeded on 23/10/2008 to the purchase of 800 own shares with an average purchase price Euro 1,91 per share and a total purchase price Euro 1.531,90. The above 800 shares were purchased through ALPHA FINANCE.