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ANNOUNCEMENT

The Board of Directors of Attica Enterprises announces that the hand-over of Superfast II to its new owners, the Government of the State of Tasmania (Australia) owned TT-Line Pty Ltd. of Tasmania took place on 30th September, 2003. The vessel, renamed Spirit of Tasmania III, will undergo conversion work at Syros Shipyards before being deployed for service between Sydney and Tasmania.

Superfast II which was deployed on the Bari route has been replaced on the same route by car-passenger ferry Blue Horizon of subsidiary company Blue Star Ferries.

Voula, 1st October, 2003

For more information please contact:

Mr. Yannis Criticos,
Attica Enterprises S.A.,
Τel: +3210 891 9500,
Fax : +3210 891 9509,
e-mail: criticos@superfast.com