MARITIME COMPANY OF LESVOS S.A.
Announcement
NEL LINES informs the investors that the present stock market conditions have led to the partial success of the share capital increase (50,41%) . Due to the above, the BoD in order to decrease further the financial and banking expenses decided to use the proceeds of the increase in order to decrease bank loans and for working capital. This decision of the BoD is anticipated to have no effect on the schedule of the company and will be discussed in the Shareholders Meeting set for May the 12th, 2008.