Challenge Shipping Co Ltd News

The Board of Directors of Attica Holdings S.A. announced that it has concluded the sale and delivery of its RoRo vessel Challenge to Challenge Shipping Co. Ltd. controlled by Clipper Denmark A/S. The delivery of Challenge to her new owners took place yesterday at the port of Liverpool, UK The total sale proceeds of Challenge of Euro 16.90mln generate for Attica Group additional cash of approximately Euro 5.51mln and capital gains of approximately Euro 2.00mln, which will appear in the Group’s first quarter 2008 results.