AEGEAN AIRLINES S.A.

Announcement according to Law 3556/2007

AEGEAN AIRLINES S.A. announces, that according to L. 3556/2007 (art.3 and art. 21) in combination with the resolution of the Hellenic Capital Market Commission 1/434/3.7.2007 (Art.11), Mr. Theodore Vassilakis, Chairman of the company's Board of Directors purchased 808 shares of Aegean Airlines of total value Euro 2,698.72 on 03/10/2008.