KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. announces, in accordance with the provisions of article 10 §1 of L. 3340/2005 and article 2 §2 (e) of the decision No. 3/347/12.7.2005 of the Board of Directors of the Hellenic Capital Market Commission, the resignation from the Board of Directors of the independent non-executive director Mr. Christos Agiakloglou and the election in his place of Mr. Aggelos Kopitsas. After that the composition of the Board of Directors is set forth below: 1. Theofanis S. Kiriacoulis, President of the Board of Directors & Managing Director, executive director 2. Spiridon S. Kiriacoulis, Vice-President of the Board of Directors, executive director 3. Alexandros K. Foukas, executive director 4. Aggelos A. Kopitsas, independent non-executive director and 5. Nikitas K. Sotiropoulos, independent non-executive director. The Board of Directors’ tenure of the company is set until the Annual General Meeting of the Shareholders in the first half of 2012.

Athens, 10 September 2008