As of February 24, 2014, the shares of the company "MINOAN LINES S.A." (GRS296273006) are traded on the ATHEX ex-rights in terms of 23 new (CR) shares for every 158 old (CR) shares held, ?with issue of 13,594,150 new (CR) shares - at an issue price of € 2.25 per share. The rights' trading period is set from February 28, 2014, to March 10, 2014, included. The rights' subscription period is set from February 28, 2014, to March 14, 2014, included.

It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, that the fluctuation price limits of the share price only for the trading session of February 24, 2014, are set as follows: +20% at the theoretical adjusted share price: € 1.60 and -20% at the closing share price of the ATHEX last trading session (21/2/2014):  € 1.50

Theoretical adjusted share price: € 1.60

Closing share price of the ATHEX last trading session (21/2/2014): € 1.50

Maximum Trading limit  +20% : €  1.92

Minimum Trading limit   -20%  : € 1.20

According to the above, and taking into consideration that in the system ΟΑΣΗΣ (the Advanced Electronic & Automated System for Securities Trading of ATHEX) the start share price ? in this case ? is the closing share price, the maximum and minimum trading limits are formed as follows:

Start share price: € 1.50

Ceiling Α΄  + 28%  : € 1.92

Floor   Α΄    - 20% :  € 1.20

The Prospectus for the Share Capital Increase of the company, as approved by the Board of Directors of the Hellenic Capital Markets Commission on February 14, 2014, is available as of February 18, 2014 in electronic form on the websites of the company (http://www.minoan.gr), of the Athens Exchange (http://www.helex.gr), and of the Hellenic Capital Market Commission (http://www.hcmc.gr) and free of charge in printed form at the company's offices, 17, 25^th August Str., 712 02 HERAKLEION, Crete.