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Blue Star Maritime (BSMD)

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Wednesday 26 September, 2007

Blue Star Maritime

SHARE CAPITAL

Blue Star Maritime S.A.
26 September 2007







                                  ANNOUNCEMENT

                       REGARDING COMPANY'S SHARE CAPITAL
                        AND NUMBER OF OUTSTANDING SHARES
                           ACCORDING TO LAW 3556/2007


Blue Star Maritime S.A. in accordance with Law 3556/2007 and the Decision No 1/
434/3.7.2007 of the Board of Directors of the Hellenic Republic Capital Market
Commission and in order to facilitate the calculation of the levels that a
significant change in participation should be disclosed, informs the investment
community that  the share capital of the Company amounts to Euro one hundred
five million (Euro 105,000,000.00) divided into one hundred five million
(105,000,000) common bearer shares with par value of one Euro (1.00 Euro) each.
Each share has one voting right.


                                                     Voula, 20th September 2007




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