Attica Holdings S.A.

Annual / Quarterly Financial Statement • Sep 23, 2015

Minority shareholders Increase/ (Decrease) in Minorities due to purchase of

Earnings after taxes Per Share - basic (in €) -0.1938 0.1809 0.1443 0.2798 interest in subsidiaries -16,941 Proposed dividend payable per share (in €) 0.0700 Equity Closing Balance (31.12.2009 and 31.12.2008) 471,049 502,832 483,270 535,995

Earnings before taxes, investing and

financial results, depreciation and amortization 29,071 47,673 -1,411 -4,437

NOTES :

g) Payables to Board of Directors and Executive Directors

Pertinent Supervising Authority: Ministry of Development, Department for limited companies Internet Domain: www.attica-group.com 1.01-31.12.2009 1.01-31.12.2008 1.01-31.12.2009 1.01-31.12.2008 Cash flow from Operating Activities Profit/(Loss) Before Taxes -23,880 22,262 23,419 34,429 Adjustments for: Date of Board of Directors approval of annual Depreciation 28,407 26,322 78 72 financial statements: March 24, 2010 Impairment of tangible and intangible assets 2,034 Certified Public Accountant: Constantinou Sotiris - SOEL No 13671, Michalios Manolis - SOEL No 25131 Provisions 1,354 454 15 16 Audit Firm: Grant Thornton S.A. Foreign exchange differences -207 -2,247 258 -1,033 Type of certified auditor's report: Unqualified Net (profit)/loss from investing activities 6,619 -19,351 -24,532 -37,951 Interest payable and other financial expenses 15,981 20,610 -633 46 Plus or minus for Working Capital changes: ASSETS 31.12.2009 31.12.2008 31.12.2009 31.12.2008 Decrease/(increase) in Inventories -1,162 516 Tangible assets 738,055 744,720 272 227 Decrease/(increase) in Receivables -7,253 -8,888 789 -3,606 Investment properties (Decrease)/increase in Payables (excluding banks) -977 -8,364 -5,236 -9,183 Intangible assets 1,595 1,798 122 147 Less: Other non current assets 2,359 1,644 509,955 517,130 Interest and other financial expenses paid -15,796 -22,801 -19 -34 Inventories 4,874 3,712 Taxes paid -235 -159 -39 Trade receivables and prepayments 57,438 55,973 18 17 Operating cash flows of discontinued operations Other current assets 42,171 138,708 7,929 52,757 Total cash inflow/(outflow) from operating activities (a) 4,885 8,354 -5,900 -17,244 Non current assets classified as held for sale 81,500 Total assets 927,992 946,555 518,296 570,278 Cash flow from Investing Activities Acquisition of subsidiaries, associated companies, joint EQUITY AND LIABILITIES ventures and other investments -106,525 -35,120 Share capital 117,539 117,539 117,539 117,539 Purchase of tangible and intangible assets -105,073 -86,986 -98 -261 Other equity 353,510 385,293 365,731 418,456 Proceeds from sale of tangible and intangible assets 52,475 65 Total shareholders equity (a) 471,049 502,832 483,270 535,995 Derivatives' result 4,018 1,189 Minority interests (b) Acquisition /Sale of subsidiaries (less cash) 1,440 Total equity (c)=(a)+(b) 471,049 502,832 483,270 535,995 Interest received 1,321 6,253 659 3,021 Long-term borrowings 328,491 356,439 Dividends received 45,292 33,741 Provisions / Other long-term liabilities 3,872 5,098 503 2,371 Investing cash flows of discontinued operations Short-term debt 35,025 39,130 Total cash inflow/(outflow) from investing activities (b) -103,752 -24,240 -60,672 4,075 Other short-term liabilities 48,353 43,056 34,523 31,912 Liabilities associated with non current Cash flow from Financing Activities assets classified as held for sale 41,202 Proceeds from issuance of Share Capital Total liabilities (d) 456,943 443,723 35,026 34,283 Proceeds from Borrowings 53,600 48,000 8,000 Proceeds from subsidiaries 32,704 Total equity and liabilities (c)+(d) 927,992 946,555 518,296 570,278 Payments of Borrowings -46,775 -73,461 -8,000 Payments of finance lease liabilities -356 -326 -119 Dividends paid -9,913 -13,173 -9,913 -13,173 Financing cash flows of discontinued operations Total cash inflow/(outflow) from financing activities (c) -3,444 -38,960 22,791 -13,292 1.01-31.12.2009 1.01-31.12.2008 1.01-31.12.2009 1.01-31.12.2008 (a)+(b)+(c) -102,311 -54,846 -43,781 -26,461 Revenue 302,478 325,910 80 Cash and cash equivalents at beginning of period 119,124 171,873 51,429 76,878 Gross Profit/(loss) 56,295 75,412 -22 Exchange differences in cash and cash equivalents 57 2,097 -258 1,012 Earnings before taxes, investing and financial results 664 21,351 -1,488 -4,509 Cash and cash equivalents at end of period 16,870 119,124 7,390 51,429 Profit/(loss) before taxes -23,880 22,262 23,419 34,429 Profit/(loss) after taxes (A) -27,449 22,262 20,431 34,429 Owners of the parent -27,449 22,262 20,431 34,429 31.12.2009 31.12.2008 31.12.2009 31.12.2008 Minority shareholders Equity Opening Balance (01.01.2009 and 01.01.2008) 502,832 506,145 535,995 473,086 Other comprehensive income after tax (B) 5,579 -12,402 -63,243 4,830 Total comprehensive income for the period after tax -21,870 9,860 -42,812 39,259 Increase/(decrease) of share capital 53,765 Total comprehensive income for the period after tax (A)+(B) -21,870 9,860 -42,812 39,259 Dividends paid -9,913 -13,173 -9,913 -13,174 Owners of the parent -21,870 9,860 -42,812 39,259 Purchase/(Sale) of treasury stock GROUP COMPANY Information for the period from January 1 to December 31, 2009 The following information provide a general overview of the financial position and financial results of ATTICA HOLDINGS S.A. We advise readers, who wish to find a complete set of the interim financial statements as well as the relevant certified auditor's report whenever it is required, to navigate at the domain of the company. COMPANY INFORMATION STATEMENT OF CASH FLOWS GROUP Executive Member, Michael Sakelis - Director, Executive Member, Spiros Paschalis - Director, Executive Member, Markos Foros - Director, Independent, Non-Executive Member, Areti Souvatzoglou - Director, Non-Executive Member, Theofilos-Aristeidis Priovolos - Director, Non-Executive Member, Alexandros Edipidis - Director, Independent, Non-Executive Member STATEMENT OF FINANCIAL POSITION Registration Number: 7702/06/B/86/128 (Amounts in thousand €) COMPANY GROUP COMPANY STATEMENT OF CHANGES IN EQUITY (published according to Article 135 of Law 2190/20, for companies which prepare annual financial statements, consolidated or not, according to I.F.R.S.) 123-125, Syngrou Avenue & 3, Torva Street - 11745 Athens, Greece GROUP COMPANY Board of Directors: Charalambos Paschalis - Chairman, Non-Executive Member, Andreas Vgenopoulos - Vice-Chairman, Non-Executive Member, Petros Vettas - Managing Director, STATEMENT OF COMPREHENSIVE INCOME

9. There are no any overdue liabilities, or liabilities that are about to become due, that cannot be paid.

8. Earnings per share were calculated using the weighted average method (note 5.10 of the annual financial statements).

	(Amounts in thousand €)
	Group	Company
a) Revenue	7,339	45,292
b) Expenses	1,266	5
c) Receivables	428
d) Payables	231	26,770
e) Transactions and Board of Directors and Executive Directors' Fees	3,498	230
f) Receivables from Board of Directors and Executive Directors

accordance with IAS 24, are as follows: provisions according to paragraphs 10,11 and 14 of the IAS 37article "Provisions, Possible Liabilities and Possible Assets" for the Company and the Group. 7. Amounts concerning sales and purchases, cumulatively, from the beginning of the current period and the outstanding balances of receivables and payables of the parent Company and the Group at the end of the current period, arising from transactions with related parties in

3. The accounting principles are the same as those used on 31/12/2008.

4. The number of employees, at period end, was 6 for the parent company and 1,313 for the Group, while at 31/12/2008 was 6 and 1,225 respectively.

For all the companies of the Group, there are no changes of the method of consolidation. The 100% subsidiaries ATTICA FERRIES M.C. and ATTICA FERRIES M.C. & CO JOINT VENTURE are consolidated for the first time the first quarter of 2009 while the 100% subsidiaries BLUE STAR M.C. and BLUE STAR FERRIES M.C. are consolidated for the first time the second quarter of 2009. There are not companies which have not been consolidated in the present period while they have been consolidated either in the previous

5. The vessels owned by the Group have been mortgaged as security of long term borrowings for the amount of Euro 777,780 thousand. There are no liens and encumbrances for the Company.

10. The financial statements of Attica Holdings S.A. are included, directly, in the consolidated financial statements of MARFIN INVESTMENT GROUP HOLDINGS S.A. which is registered in Greece and whose total participation in the company (directly & indirectly), was 87.6%. 11. For the Group, "Total comprehensive income for the period after tax" amounting - € 21,870 thousand refer to the Group's revenue, - € 27,449 thousand, to the interest rate cash flow hedging of the Group's loans, € 5,494 thousand and to the exchange differences on translating foreign operations, € 85 thousand. For the company "Total comprehensive income for the period after tax" amounting - € 42,812 thousand refer to the company's revenue, € 20,431 thousand, to the measurement of investments in subsidiaries using the fair value method, - € 65,132 thousand and to the interest rate cash flow hedging, € 1,889 thousand. (see Statement of changes in Equity of the annual financial statements).

			12. The Group agreed with Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME), Korea for the building of two new fast car-passenger ferries at a price of € 68.50 mln a piece. In July 2009 the Group paid the amount of € 25,8 mln. as a prepayment for the building of the above vessels.
is in USD. In June and September 2009 the Group has made exchange forward agreements purchasing in USD. As a result, the Group's exposure to foreign currency risk has been limited to 10% of the total cost of the two vessels.
13. The parent company participated in the share capital increase of its 100% subsidiaries Superfast Two INC, Attica Ferries M.C., Blue Star M.C. and Blue Star Ferries M.C. with the amount of € 31.97 mln., € 48.00 mln., € 13.30 mln. and € 13.25 mln. respectively.
14. Attica Ferries Maritime Company is the new owner of the vessel Superfast XII which was acquired from Attica's wholly owned subsidiary Superfast Dodeka Inc at book value. The car-passenger ferry Superfast XII was redeployed from the Patras - Ancona route to the Piraeus -
Heraklion route. The above vessel commenced its service on the route on 12th March, 2009.
15. In October 2009 has been delivered by the Group the new-built Ro-Pax vessel Superfast II from Grimaldi Holding S.p.A, of Genoa, Italy. Superfast II commenced its service on the Patras - Igoumenitsa - Bari route on 6th October, 2009.
16. According to the Law 3808/09, a social responsibility tax was imposed on Greek companies for the fiscal year of 2008. The total charge amounted to € 2.9 mln for the Group and has been posted in the Group's full year 2009 results.
17. On 18/01/2010, according to the decision of the Board of Directors, was completed the share capital increase. The proceeds of the capital increase are € 41,620 thousand. The share capital stood at € 134,811 thousand divided into 162,424,000 common registered
voting shares, with a nominal value of Euro 0.83 each.
	18. On 16/02/2010 the Group has concluded the sale and delivery of its RoPax vessel Superfast V to Bretagne Angleterre Irlande of Roscoff, France. The total sale proceeds of Superfast V of € 81,500 thousand generate for Attica Group additional cash of € 38.8 mln. The book
capital losses of approximately € 3,533 thousand have been posted in the Group's full year 2009 results.
19. There are no shares of the parent company owned by Attica Holdings S.A. and the subsidiaries at the end of the present period.
20. The Group has adopted the revised IAS 1 "Presentation of financial statements" and IFRS 8 "Operating Segment". The application of the above standards has no effect on the consolidated figures of the previous years financial statements and therefore the publication
of the third comparative column on the Statement of financial position has been omitted.
		Athens, March 22nd, 2010
PRESIDENT OF THE B.O.D.	MANAGING DIRECTOR	DIRECTOR	FINANCIAL DIRECTOR
CHARALAMPOS PASCHALIS	PETROS VETTAS	SPIROS PASCHALIS	NIKOLAOS TAPIRIS

6. There are no legal or arbitration cases pending which could have a significant effect on the financial position or operation of the parent company. The Group has made a provision amounting € 462 thousand which concerns claim for compensation from the crew that was employed on board the sold vessels previously deployed in the Baltic Sea. The case is under litigation. Furthermore, the Company and the Group have made a retirement benefit provision amounting € 104 thousand and € 1,881 thousand respectively. There are no

annual financial statements. 2. All the companies included in the consolidation of Attica Group had already made a tax provision of € 143 thousand. The parent company has made a tax provision of € 20 thousand. Relevant analysis for the unaudited fiscal years can be found in notes 5.9 and 5.13 of the

21 E I 6 Group

ATTICA HOLDINGS S.A.

period or in the same period of the fiscal year 2008. Also, there are no companies of the Group which have not been consolidated in the consolidated financial statements.

1. The companies with their corresponding registration, the percentages of participation and their method of consolidation in the Financial Statements of 31.12.2009, can be found in note 5.13 of the annual financial statements.