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 17,286 ordinary shares of the Company of total value Euro 34,598.75 on 10th October, 2008.