Royal Olympic Cruise Lines Inc. Opens Investor Relations Web Site

Press Release: MTI Network (USA)
September 6, 2001
PIRAEUS, Greece -- Royal Olympic Cruise Lines Inc. (Nasdaq: ROCLF & Nasdaq Europe: ROCL) has created a World Wide Web Site (http://www.roclf.com) designed for the investor community. The Site, created by Los Angeles based Station1, provides a profile on the company, as well as current and historic information on the company's financial performance. It is specifically designed to provide 24 hour availability to investors and potential investors who have an interest in the company.

Commenting on the new Web Site, Yiannos Pantazis, Royal Olympic Cruise Lines CEO stated, ``We are a unique cruise company which has for decades provided our cruise passengers with a very special cruise product. We communicate with our loyal passengers and the cruise and travel communities daily around the world, describing our vessels and their itineraries. Now, with the creation of our investor website we are able to tell that same exciting story to our current investors, those out there looking to know more and to the professional investor advisory community. Together with our consumer site, we are able to tell the world our whole story, 24 hours a day every day of the year.''

The Wed Address is http://www.roclf.com, the same initials as the company's Nasdaq listing symbol. The site contains a description of the company, its recent financial performance, a description of its fleet and itineraries, links to its SEC filings, and all new and historic press releases.

CFO George Kassapis added, ``In today's very competitive capital markets a company must meet the expectations and demands of its shareholders when it comes to providing information. We will build on this investor site until we meet all their expectations. It is as important for us to provide a unique cruise product as it is for us to communicate our product to the world's financial markets. The Web is a powerful facilitator.''

Royal Olympic Cruise Lines also maintains a consumer Web Site, the address of which is http://www.royalolympiccruises.com .

Royal Olympic Cruise Lines is the largest cruise operator in the Eastern Mediterranean, owning and operating a fleet of nine cruise ships.

Some statements in this press release may be considered forward-looking statements. This press release is for information purposes only and should not be considered investment advice.

SOURCE: MTI Network (USA)