Hellenic Carriers Limited, an international provider of marine transportation services, which owns and operates a fleet of six drybulk vessels that transport iron ore, grain, steel products and minor bulk cargoes, announced the dates of their dividend payment for the year ended 31 December 2007.

Consistent with dividend policy to distribute minimum 50% of Net Income, the Company had announced on 12 March 2008 that subject to Shareholder approval, the Board of Directors of the Company will recommend a final dividend for 2007 of 1.10 pence per share or total payout of GBP 501,785.36. The final dividend payment is expected to be approved by the AGM to be held in Athens on Wednesday, 21 May 2008 at 11:00 a.m. and will then be payable on 23 May 2008 to shareholders on record as of 25 April 2008. The ex-dividend date will be 23 April 2008.