AEGEAN AIRLINES S.A.

Announcement of regulated information according to low 3556/2007

In accordance with the provisions of Law 3340/2005 (art. 13) and the resolution of the Hellenic Capital Market Commission 3/347/12.7.2005 (Art. 6), Aegean Airlines (the Company) announces that following notification submitted by Piraeus Bank on 7/2/2008, the latter acquired on 6/2/2008 10.000 common shares of the Company for the aggregate amount of Euro 55,600.00 ie. 0.01% of the company's share capital.
Piraeus Bank is, pursuant to the aforementioned provisions, a related legal entity with Mr. Eftichios Vassilakis, Vice Chairman of the Board of Directors of the Company (Executive Member) and Member of the Board of Directors of Piraeus Bank (Non Executive Member) and Mr. Iakovos Georganas, Non Executive Member of the Board of Directors of the Company and Non Executive Member of the Board of Directors of Piraeus Bank.