Maritime Company of Lesvos S.A., announces that the trading of 1.920.000 new common company shares will begin on the 16th of January 2008 on the Athens Exchange. These shares resulted from the recent increase of the share capital by Euro 576.000,00, due to the exercise of stock options by the members of the Board of Directors, the executives of the company and affiliated companies, a total of 25 persons, at an exercise price of Euro 0,47, according to the resolution of the Second Repetitive Ordinary General Meeting of the Shareholders of 25/07/2007, and the resolution of the Board of Directors of 03/12/2007.
The above increase which does not constitute a direct amendment of the articles of incorporation, was certified by the company's Board of Directors on 17/12/2007, in implementation of the resolutions of the above General Meeting and was registered with the Registry of Societes Anonymes by virtue of announcement No. K2 18349 27/12/2007.
The Board of Directors of the Athens Exchange approved the listing of the above 1.920.000 new common shares of the company in its meeting held on 10/01/2008.
By decision of the company's Board of Directors, 16/01/2008 is set out to be commencement date for the trading of the new shares in the Athens Exchange.
As from the above date the opening trading price of the company's shares in the Athens Exchange shall be determined in accordance with the Athens Exchange's Rulebook and the new shares shall have been credited in the share accounts and the securities accounts of the beneficiary shareholders in the Dematerialized Securities System (DSS).
For further information, the shareholders may resort to the relevant document which is available in hardcopy at the company's offices in Piraeus (Akti Miaouli 25), at the company's offices in Mytilini (El. Venizelou 5) and in electronic form on the company's website ( www.nel.gr ), they can also contact the Company's Shareholder's Department (Ms. Kofina, Tel.: 210 41 18 121)