Olympic Explorer Delivery Delayed

Monday, April 30, 2001
Royal Olympic Cruise Lines Inc. has requested that a number of improvements be made to the Company's newbuilding, Olympic Explorer, prior to taking final delivery of the cruise ship, which was originally scheduled for today. The Company is making adjustments to the Olympic Explorer's early voyages and is in contact with its clients and agents informing them of possible variations to schedules and alternative options. A high level official of Royal Olympic Cruises stated, "Our aim is to make sure that the vessel we take delivery of, and put into service for our guests, is of the highest standards of comfort and efficiency."

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