The company KYRIAKOULIS SHIPPING S.A. with respect to the publication of the Greek financial newspaper "XRIMATISTIRIO" would like to inform the investing public about the following:

The aforesaid newspaper reported on the financial results of transportation companies and specifically, in the second table of the article titled "Net Worth/Liabilities" it mentioned that the company's liabilities, on 31/12/2004, amounted to euro 25,523 thousand instead of ?22,523 thousand, while it stated that the consolidated net worth on 31/03/2005 reached euro 16,857 thousand instead of ?16,867 thousand, which is the correct figure.