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Completion of dossieur submission

The submission of dossiers of the international tender for the concession of the container terminal of Th.P.A. SA. Was succesfylly completed nn Wednesday 14th May.

Three (03) dossiers have been submitted by global port operators. Particularly dossiers have been submitted by:

1. COSCO PACIFIC LIMITED

2. The Consortium PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY (P&O) – AKTOR CONCESSIONS SA – PIRAEUS BANK SA

3. The Consortium HUTCHISON PORT HOLDING LIMITED -HUTCHISON PORTS INVESTMENTS S.A.R.L. – ALAPIS HOLDING, INDUSTRIAL & COMMERCIAL SA – L.Y.D. SA

COSCO PACIFIC LIMITED is subsidiary of China Ocean Shipping (Group) Company (“COSCO”). It is the fifth (5th) biggest global port operator with presence in 27 port terminals and 39,8 million TEUs throughput for 2007.

Dubai Ports World, which is participating through its subsidiary PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY (P&O), is one of the biggest port operators in the world with 43 terminals in 28 countries, and 42 million TEUs throughput for 2006. The consortium also comprises of AKTOR CONCESSIONS SA and PIRAEUS BANK SA.

HUTCHISON PORT HOLDING LIMITED and HUTCHISON PORTS INVESTMENTS S.A.R.L. are subsidiaries of the Hutchison Whampoa Limited (HWL) Group, the biggest port operator world wide with presence in 24 countires, 47 ports, and 66,3 million TEUs throughput for 2007. The consortium also comprises ofALAPIS HOLDINGINDUSTRIAL & COMMERCIAL SA and L.Y.D. SA.

Tomorrow (Thursday 15th May), the scheduled meeting of the Evaluation Committee will take place for the opening of the dossiers. The Evaluation Committee has been set by the decision of the Board of Directors of Th.P.A. SA.

The first phase of the tender procedure has been successfully completed with the participation of the biggest global port operators (three of the top five worldwide). The commencement of the tender procedure justifies in full the governmental policy for the modernization of the port industry as well as the Th.P.A. SA management’s plans for the development of Thessaloniki’s port.

The Management of Th.P.A. SA believes that the participation of global container terminal operators in this tender consists a positive development for the port of Thessaloniki, as set in its strategic plan. The successful progress in the tender procedure can create the conditions for the port of Thessaloniki to develop into a solid regional in transit port with positive impact to commerce, to the local economy and community.