In accordance with the Presidential Decree 51/1992 and clause 282 of Athens Stock Exchange Regulation, we would like to inform the investment community with the following: On January 12th 2007, Mr. Panagiotis Laskaridis informed our Board of Directors that he directly and indirectly through the company Access Maritime S.A, holds 3,471,038 common registered voting shares which represent 4.89% of the companys share capital.