BLUE STAR MARITIME S.A.

Announcement

Blue Star Maritime S.A., (the Company), pursuant to the Law 3556/2007, the Decision 1/434/03.07.2007 and the Circular nr. 33 of the Hellenic Capital Market Commission, announces that ?MARFIN INVESTMENT GROUP HOLDINGS S.A.?, which is closely associated to the Director, Independent, Non-Executive member of the Board of Directors Mr. Alexander Edipidis, bought shares of the Company as follows:
a) on 02.04.2008 bought 730 shares with total value of Euro 2,295.81 and
b) on 03.04.2008 bought 1,189 shares with total value of Euro 3,655.72.