PRESS RELEASES / ANNOUNCEMENTS

Delivery of Superfast IX and launch of the new Germany – Sweden route in the Baltic Sea

The Board of Directors of Attica Enterprises S.A. is pleased to announce the delivery of ultramodern car-passenger ferry Superfast IX from Howaldtswerke Deutsche Werft shipyard in Kiel, Germany. Superfast IX will begin service at the end of this week on the new Germany – Sweden route between the port of Södertälje, in the greater Stockholm area and the port of Rostock, Germany, in a sailing time of only 18 hours. Her sister vessel Superfast X will be delivered in the beginning of next month from the same shipyard which also built Superfast VII and Superfast VIII, that trade on the Germany – Finland direct service since the summer of 2001 with great success.

Superfast IX and Superfast X each have a capacity of 626 passengers and garage decks for 110 large trucks and at the same time 115 private vehicles. Superfast IX and Superfast X have an overall length of 203.3 m., width of 25.0 m, draft of 6.5 m and a maximum speed in excess of 30 knots.

Equipped with the latest navigation and communication technology, the two Finnish ice-class 1A Super new cruise-class ferries of Attica Enterprises will offer 5-star comfort to their passengers and amenities to include a la carte and smörgåsbord-buffet Restaurants, Bars, a panoramic live music Dancing Lounge, Casino, Video Games Room, Card Room, Shops and Boutiques, Conference Rooms and Business Centre, Children’s Playroom, Satellite Television and Internet facilities.

Superfast ΙX is the third in a series of four vessels, destined for the Baltic Sea routes, delivered to Attica Enterprises. The Superfast Baltic service was inaugurated on May 17th, 2001 with the deployment of Superfast VII joined by Superfast VIII on 16th July, 2001 in the Germany-Finland service. Superfast ΙX and Superfast X complete the Superfast Ferries four-ship daily service connecting Finland and Sweden to Germany and vice versa.

Superfast Ferries as of May 2002 will inaugurate a new two-ship direct ferry service between Rosyth in Edinburgh, Scotland and Zeebrugge in Belgium. With the new Superfast service, Scotland will be directly connected to mainland Europe with daily overnight crossings between Rosyth and Zeebrugge employing a journey time of only about 17.5 hours.

Voula, Greece, 8th January, 2002

The Board of Directors

For more information please contact:

Mr. Yannis Criticos,

Attica Enterprises S.A.

Tel.: +30 10 891 9500,

Fax : +30 10 891 9509,

e-mail: criticos@superfast.com