SELECTED TEXTILE IND. ASSOC. S.A.

Announcement of regulated information according to law 3556/2007

''SELECTED TEXTILES SA'', in accordance with the provisions of Law 3556/2007, coupled with article 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, announces the following: Mr Apostolos Ioannis Dontas, member of the Board of Directors of the company, (liable according to article 13 of Law 3340/2005), sold on 17-10-2008, 100.000 registered common shares of the company of total value euro 32.810.19.