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Announcement 08.05.2002

The repeat General Meeting of Shareholders of Attica Enterprises S.A., of 8th May, 2002, approved the issue of a three-year, Euro 35 million convertible bond underwritten by EFG EUROBANK ERGASIAS S.A. The bonds will be placed privately at par Euro 10,000.

The bond is exchangeable for shares of Strintzis Lines Shipping S.A.

Voula, 8th Iay, 2002 The Board of Directors For more information please contact:

Mr. Yannis Criticos Attica Enterprises S.A. Tel: +30 10 8919500 Fax: +30 10 8919509 e-mail: criticos@superfast.com