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ANNOUNCEMENTS

Titan: Announcement

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Titan Cement Co. S.A. hereby announces, pursuant to Law 3556/2007 and Capital Market Commission Decision No. 1/434/3.7.2007, and following notification provided to it pursuant to Article 13 of Law 3340/2005, that the PAUL AND ALEXANDRA CANELLOPOULOS FOUNDATION, a legal entity closely associated with Mr. Nellos Canellopoulos, executive member of the Board of Directors of Titan Cement Co. S.A., purchased on 19th December 2011, 1,000 common shares and on 20th December 2011, 1,000 common shares of the Company of a total value of € 11,940.00 and € 11,590.00 respectively.

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