“TECHNICAL OLYMPIC S.A.” announces that in accordance with Law 3556/2007 (articles 3 and 21) and in conjunction with article 11 of decision 1/434/03.07.2007, of the Capital Market Commission, the Managing Director and BoD member Mr. Georgios Stengos, informed the Company that on 8/12/2011 he purchased 3.300 common shares, of a total net value of 4.290 euro.