ANNOUNCEMENT

INTERNATIONAL ROUTES’ FLEET REDEPLOYMENT
DEPLOYMENT OF BLUE STAR 1 TO THE SCOTLAND-BELGIUM ROUTE

The Board of Directors of Blue Star Ferries announces its decision to deploy Blue Star 1 in the Scotland-Belgium route as of the end of January, 2007.

The Scotland-Belgium route is currently served by a vessel of another subsidiary of the parent company Attica Holdings S.A. that has been agreed to be sold early in the year and will be delivered to her new owners in February 2007.

Based on the recent performance of the route, Blue Star Ferries Management expects that the redeployment of Blue Star 1, from the Patras-Igoumenitsa-Bari route to the Rosyth-Zeebrugge in the North Sea, will further enhance the financial results of the Blue Star Group.



Voula, 21 December, 2006

For more information please contact:
Mr Dionissis Theodoratos
BLUE STAR MARITIME S.A.
Tel.: +30 210 891 9820
Fax: +30 210 891 9829
e-mail: theodoratos@bluestarferries.com
www.bluestarferries.com