BLUE STAR MARITIME S.A.

Announcement of Regulated Information according to the Law 3556/2007

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 26.03.2008 bought 9,530 shares with total value of Euro 28,049.62 and
b) on 27.03.2008 bought 28,334 shares with total value of Euro 85,810.59.