According to decision 7.24/443/28.6.2007 of the Hellenic Capital Market Commission, Minoan Lines S.A. informs the investment community that the sale of 50,095 bearer registered shares that were not submitted for dematerialization as well as the shares derived from company transactions and issued in dematerialized form in favour of the beneficiaries of the bearer register shares has been licensed.
The member of the Athens Exchange that has been appointed responsible for carrying out the sale of the specific shares is ALPHA FINANCE A.X.E.Π.Ε.Υ..
Starting date of the sale period of the abovementioned shares was set Thursday, September 20th 2007. The sale will be executed according to the provisions of article 99A of Athens Stock Exchange Regulation and the decisions 1/380/4.5.2006 and 3/387/19.06.2006 of the Hellenic Capital Commission.
After the completion of the sale procedure, the net proceeds will be deposited to the Deposits and Loans Fund and the Company will inform by registered letter all beneficiaries regarding the deposited amount, as well as the submission of the necessary documentation of proof.