In accordance with the Law 3340/2005, and the Decisions 3/347/2005 and 5/204/2000 of the BoD of the Hellenic Capital Market Commission (HCMC), as in force, and in continue to the Company?s Announcement to the Athens Exchange, dated 8 May 2009, the Company announce that is in the process of advanced negotiations with the Company MINOAN LINES SA for the signature of agreement regarding the acquisition of a percentage of 33,35% of the Hellenic Seaways?s share capital holding by MINOAN LINES SA.
The Company compromise to inform duly the investors for any further significant progress according the relevant legislation.
This Announcement is taking place after the letter of the HCMC dated 7 May 2009.