ΜΙΝΩΙΚΕΣ ΓΡΑΜΜΕΣ Α.Ν.Ε.

Pre-announcements of Transactions

The company MINOAN LINES S.A., in accordance with Article 10 of Decision 5/204/14.11.2000 of the HCMC Board of Directors, is announcing herewith that, in the period from August 2, 2005 until August 31, 2005, would sell 3,039,663 shares of FORTHnet S.A. The relevant transaction will be realized via Proton Securities ?Investment Co. S.A.