“KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A.” (hereinafter “the Company”), listed company in the ASE, announces to the investment public that ASE Board of Directors, with the decision voted on June 12th 2008, approved BETA SECURITIES S.A. as Company shares’ Market Maker, towards improving shares’ liquidity and defined June 19th 2008, as market making commencement date. The Company has signed a market making contract with BETA SECURITIES S.A. under the following terms:

1. BETA SECURITIES S.A. will insert to the ASE trading platform market making orders (i.e. instant quotes of bid and ask orders), for own account, on the Companies’ shares, according to current legislation. For this service, a fee is agreed with the Company to be paid to BETA SECURITIES S.A.

2. Market making contract has one (1) year duration.

3. For market making purposes, in relation with the contingent risks undertaken by the Market Maker, BETA SECURITIES S.A. has signed a contract with shareholder Mrs. Kiriacouli Areti (father’s name Spiridon), Companies’ shareholder, according to which, there is an obligation for the shareholder to proceed into repurchase agreements contracts, to the Athens Derivatives market.

Athens, 13 June 2008