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Holding(s) in Company

9th May 2008 07:00

Hellenic Carriers Limited09 May 2008 FOR IMMEDIATE RELEASE Holding(s) in Company SHAREHOLDING IN THE COMPANY Press Release 9 May 2008 Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), aninternational provider of marine transportation services for dry bulk cargoes,was notified on 8 May 2008 that, as at close of business on 7 May 2008, JupiterAsset Management Limited, had an interest with direct voting rights in 2,542,018ordinary shares of US$0.001 each in the Company, representing 5.57% of the totalissued share capital of the Company. For further information please contact: Hellenic Carriers LimitedFotini Karamanlis, Chief Executive OfficerE-mail: [email protected] +30 210 455 8900 Jefferies International LimitedNick Davies +44 20 7029 8000Schuyler Evans Capital Link Inc.Ramnique Grewal +1 212 661 7566 (New York)Vice President +44 20 7614 2950 (London)E-Mail: [email protected] Further Information - Notes to Editors Hellenic Carriers Limited owns and operates a fleet of dry bulk vessels thattransport iron ore, coal, grain, steel products, cement, alumina, and other drybulk cargoes worldwide. Its current fleet consists of five vessels, comprisingthree Panamaxes, one Handymax and one Supramax. The Company has also contractedto acquire a Panamax vessel with expected delivery between 1 March and May 312008. Including the new Panamax vessel to be delivered, Hellenic's fleet has anaggregate carrying capacity of 372,761 dwt and an average age of 13 years as at31 March 2008. This information is provided by RNS The company news service from the London Stock Exchange

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