31/01/2008 - MINOAN LINES Announcement

We would like to inform the investment community with the following:

On January 31st 2008, the company «INTESA SANPAOLO Spa» informed our Board of Directors that participates in Minoan Lines’ share capital with 31.57% and holds 22,395,623 shares with voting rights.

The transaction took place on January 25th, 2008. In the above mentioned stake the participation 30% of «ATLANTICA Spa Di NAVIGAZIONE» is included through the company «INTESA SANPAOLO Spa» that acts as custodian.

Minoan Lines Press Release