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Attica Holdings: Conclusion of Sale and Delivery of Superferry II


The Board of Attica Holdings S.A. announces that it has concluded today the sale of the RoPax vessel Superferry II to Golden Star Ferries Shipping Co. 

The 1974-built Superferry II was sold for a total cash consideration of Euro 4.65mln, out of which Attica Group is expected to book capital gains of approximately Euro 3.9mln which will be included in this years 1st quarter financial results, and its cash balances will increase by about Euro 2.6mln. 

The delivery of Superferry II to her new owners took place at the port of Rafina today. 

The disposal of Superferry II is part of Atticas strategy for rationalisation of its fleet ahead of the deliveries of the brand new vessels Blue Star Delos in May 2011 and Blue Star Patmos in January 2012. 

Attica is the only company in Greece that continues to invest in the modernisation of its fleet, owning the most modern fleet of car passenger ferries in the SE Mediterranean, and remains committed to continue providing high quality services to its customers. 

For more information please contact:
Attica Group
Yannis Criticos
Group CFO
Tel.: +30 210 8919500,
Fax: +30 210 8919509

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