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Blue Star Maritime (BSMD)

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Thursday 10 January, 2008

Blue Star Maritime

Regulated Information

Blue Star Maritime S.A.
10 January 2008









                                  ANNOUNCEMENT



        ANNOUNCEMENT OF REGULATED INFORMATION ACCORDING TO LAW 3556/2007



Blue Star Maritime S.A. announces, that at the Mandatory Public Offer of 'MIG
SHIPPING S.A.' to the shareholders of Blue Star Maritime S.A., the outcome of
which was published on 4th January 2008, the following persons offered shares of
Blue Star Group as herebelow:



a)     Mr Charalambos Paschalis, President, offered 5,000 ordinary shares of
       total value Euro   19,150,

b)     Mr Michael Gialouris, Vice President, offered 25,000 ordinary shares
       of total value Euro     95,750,

c)     Mr Spiros Paschalis, Authorized Director, offered 12,000 ordinary
       shares of total value      Euro 45,960,

d)     Mr Pericles Panagopulos, Director-Executive Member, offered
       indirectly 37,000 ordinary   shares of total value Euro 141,710,

e)     Mr Antony Strintzis, Director-Executive Member, offered indirectly
       349,166   ordinary shares of total value Euro 1,337,305.70,

f)     Mr George Karistinos, Director-Independent Non Executive Member,
       offered 4,100   ordinary shares of total value Euro 15,703,

g)     Mr Nikolaos Tapiris, Financial Director, offered 1,000 ordinary
       shares of total value Euro   3,830,

h)     Mrs Maria Stamouli, Legal Advisor, offered 1,892 ordinary shares of
       total value Euro          7,246.36.


                            Voula, 9th January, 2008












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