BLUE STAR ΝΑΥΤΙΛΙΑΚΗ Α.Ε.

Announcement of regulated information according to law 3556/2007

Blue Star Maritime S.A., (the Company), pursuant to the provisions of Law 3340/2005 and the Law 3556/2007, the Decision 1/434/03.07.2007 and the Circular nr. 33 of the Hellenic Capital Market Commission, announces that "MARFIN INVESTMENT GROUP HOLDINGS S.A.", which is closely associated to the Director, Independent, Non-Executive member of the Board of Directors Mr. Alexander Edipidis, bought shares of the Company as follows:
a) on 07.11.2008 bought 16,484 shares with total value of Euro 35,104.93 and
b) on 10.11.2008 bought 25,700 shares with total value of Euro 57,179.94.