LAUNCHING OF BLUE STAR NAXOS

Voula - 28th February 2002

The Board of Directors of Strintzis Lines Shipping S.A. is pleased to announce the launching of BLUE STAR NAXOS.

The launching of the second of two new builds destined for the Cycladic Islands routes in the summer of 2002, took place on Wednesday 27th February at Daewoo Shipbuilding and Marine Engineering Co. Ltd Shipyards in Korea.

BLUE STAR NAXOS is an ultramodern very fast car-passenger ferry with a capacity of 1,500 passengers, 38 cabins (130 berths), 210 private vehicles or 35 trucks and 104 private vehicles and a speed of 26 knots.

The vessel is equipped with all the latest amenities and its comfortable public spaces will ensure a luxurious trip throughout the year and regardless of weather conditions.

BLUE STAR NAXOS will be deployed as of June 2002 on the Piraeus - Paros - Naxos - Santorini route together with its sister ship BLUE STAR PAROS, whose construction is progressing at fast pace at the same shipyards and is expected to be ready for deployment in the beginning of May 2002.

Voula, 28th February 2002
The Board of Directors

For more information please contact:
Mr Dionyssis Theodoratos
BLUE STAR FERRIES
Tel.: +30-10-8919820, Fax: +30-10-8919829
e-mail: theodoratos@bluestarferries.com