Appointment of Adviser

HELLENIC CARRIERS LIMITED

Appointment of Adviser

Hellenic Carriers Limited (the "Company") is pleased to announce the appointment, with immediate effect, of Panmure Gordon (UK) Limited as the Company's nominated adviser and broker. This follows the acquisition of Charles Stanley Securities by Panmure Gordon plc.

For further information please contact:

Hellenic Carriers Limited

Fotini Karamanli, Chief Executive Officer

Alkis Papadopoulos, Chief Financial Officer

E-mail: [email protected] +30 210 455 8900

Panmure Gordon (UK) Limited

Nominated Adviser & Broker

Mark Taylor +44 (0) 207 886 2500

James Greenwood

Capital Link 

Nicolas Bornozis +1 212 661 7566 (New York)

Maria Chercheletzi +44 (0) 20 3206 1322 (London)

E-mail: [email protected] 

Further Information - Notes to Editors

About Hellenic Carriers Limited

Hellenic Carriers Limited operates through its subsidiaries a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. The fleet consists of five vessels, including one Panamax, two Supramax and two Kamsarmax vessels with an aggregate carrying capacity of 340,055 dwt and a weighted average age of 9.7 years.

Hellenic Carriers is listed on the AIM of the London Stock Exchange under ticker HCL.