As per our obligations deriving from Art. 2 of Decision No 3/347/2005 of the BoD of the HCMC, as in force, the Company announces, in relation to the Announcement of 13-5-2009 to ATHEX, that the price of 125.000.000 Euros for the purchase of the participation of 33,35 % of Minoan Lines S.A. in the company Hellenic Seaways S.A., will be payable with partial payments until the end of 2012 (sellers credit). The financing, if necessary, will be decided by the Company's bodies and will be announced duly to the investors, as per legislation in force.