Notice of Results

Hellenic Carriers Limited

Press Release 5 March 2010

NOTICE OF RESULTS

Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, today announces that they will declare their Final Results for the year ended 31 December 2009, on 16 March 2010.

On the same day, at 3pm (London), 5pm (Athens) and 11am (New York), the Company's management will host a conference call to discuss the Results.

Conference call details

Participants should dial into the call 10 minutes prior to the scheduled time using the following numbers: 0800-953-0329 (UK Toll Free Dial-in), 00800-4413-1378 (Greece Toll Free Dial-in), 1-866-819-7111 (US Toll Free Dial-in), or +44 (0)1452-542-301 (Standard International Dial-in). Please quote "Hellenic Carriers" to the operator.

A telephonic replay of the conference call will be available until 23 March, 2010 by dialling 0800-953-1533 (UK Toll Free Dial-in), 1-866-247-4222 (US Toll Free Dial-in), or +44 (0)1452-550-000 (Standard International Dial-in). Access Code: 36347958#

Slides and audio webcast

There will also be a live and then archived webcast of the conference call, accessible through the Hellenic Carriers website (www.hellenic-carriers.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

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For further information please contact:

Hellenic Carriers Limited

Elpida Kyriakopoulou, Chief Financial Officer

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

Jefferies International Limited

Schuyler Evans +44 20 7029 8000

Capital Link 

Annie Evangeli +44 20 3206 1320 (London)

Ramnique Grewal +1 212 661 7566 (New York)

E-mail: [email protected]

Further Information

About Hellenic Carriers Limited

Hellenic Carriers Limited owns and operates a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. Its current fleet consists of six vessels, comprising four Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of 372,742 dwt.