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Blue Star Maritime (BSMD)

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Monday 31 March, 2008

Blue Star Maritime

Financial Calendar 2008

Blue Star Maritime S.A.
31 March 2008

                            BLUE STAR MARITIME S.A.


                            Financial Calendar 2008

We hereby advise of our Financial Calendar for 2008, in accordance with article
292 par. 2 of the Regulation of Athens Exchange:

-    Release of full year 2007 financial results: Thursday, 27/03/2008.

-    Conference call for analysts and investors on the full year 2007 financial 
     results: Monday, 21/04/2008.

-    Annual General Meeting of Shareholders: Thursday, 15/05/2008.

-    Entitled to dividend are shareholders at the end of the Stock's Exchange's 
     trading session of 12/06/2008.

-    Ex-dividend date: Friday, 13/06/2008.

-    Payment of dividend for year 2007: Monday, 23/06/2008.

As for the method of dividend payment, in accordance with article 329 of the
Regulation of the Athens Exchange, a further announcement will follow in due

                            Voula, 31st March, 2008

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