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© Kiriacoulis Group of Companies
Year 2008
Announcement to the Investing Public 10/09/2008
10/09/2008 by Chris Balikos in Year 2008

KIRIACOULIS GROUP strengthens its presence in the modern brokerage of luxury motor yachts through the participation of the Parent Company KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. by 51% percentage to the share capital of the new-established company KIRIACOULIS motor yachts s.a.

The new-established company –registered office in Piraeus and share capital 200,000 euro- undertook the exclusive representation in Greece of the distinguished Italian Shipyard Aicon Yachts.

The Sicilian shipyard Aicon Yachts, was developed the last decade and remains ascendantly in top 10 of sales internationally producing unique in design models from 54 to 110 feet, fly and open version. Fly models 54, 56, 58, 64, 75, 85 and 110 are produced in Giammoro of Sicily, while the open models 62, 72 and 82 are produced in Villafrance Tirrena of Sicily.

The 56 fly model and the 64 fly model in a 4-cabin version are already both rewarded in their category in international salons; while the new 75 fly was first presented in Cannes Festival and marks big success with 14 globally orders until now. The new project of Aicon Yachts Navetta 110 in 5-cabin or 6-cabin lay out was developed according to the new trend in respect of fuel economy.

KIRIACOULIS motor yachts sa ’s activities are the sales of new and second hand Aicon yachts, the technical support and offering additional services to the already existed and new owners of Aicon yachts as discounts in fuel supplies, spare parts, technical services, clothing with the emblem of Aicon as well as in items of Christofle products.

KIRIACOULIS motor yachts sa with the purchase of a new Aicon will guarantee berthing in one of the four marinas in which the Parent Company of the Group has share capital participation (Zea, Gouvia-Corfu, Lefkas, Kalamata) and will support the owner of professional Aicon yacht through a charter network with common prices within Mediterranean Sea, so the prospective charterers can easily choose every year their cruise destination and yacht model.

Athens, 10 September 2008

Chris Balikos

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Kiriacoulis Group

The KIRIACOULIS GROUP of companies is active in the Yachting & Tourism industry since 1980. The backbone of the group consists of “Kiriacoulis Mediterranean Cruises Shipping S.A.” and “Kiriacoulis Mediterranean Cruises Sole Shareholder Shipping Co Ltd.”.

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Investor Relations Department
Contact Person: Hariklia Theodorou
(+30) 210-9886187

chara@kiriacoulis.com

7 Alimou Ave, Alimos, 17455, Greece

www.kiriacoulis.com

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