Blue Star Maritime S.A. (Issuer) announces in accordance to L. 3556/2007 and following respective information received from Marfin Investment Group Holdings S.A. (MIG) that, on 7th January 2008 the controlling percentage of MIG in the share capital and voting rights of the Issuer has increased from 50.18% to 84.4556%. This percentage includes a) a 3.08% percentage corresponding to 3,231,382 shares of the Issuer which are held directly by MIG and b) a 48.795% percentage corresponding to 51,235,000 shares of the Issuer which are held indirectly by MIG following the acquisition of the majority of the voting rights of Attica Holdings S.A. and c) a 32.58% percentage corresponding to 34,212,011 shares of the Issuer which are held indirectly by MIG through its subsidiary, "MIG Shipping S.A.".
The day before the last transaction, MIG held in total, directly and indirectly, 54,466,382 shares corresponding to 51.87% of the Issuer?s voting rights (direct, 3.08% percentage and indirect, 48.795% percentage).