Louis charters Calypso to Thomson

Louis plc announced that it has entered into an agreement with the leading British tour operator, Thomson, a subsidiary of TUI AG, for the chartering of an additional cruise ship, M/V Calypso. The charter will be for a three year period commencing in 2007. Calypso is the fourth cruise ship of Louis Cruise Lines that is chartered by Thomson Cruises

The Calypso will be conducting cruises for Thomson Cruises out of the ports of Limassol and Salonica.

This new charter agreement is indicative of the intentions of both parties to further expand and strengthen their cooperation and business relationship.

The Louis fleet currently consists of twelve cruise ships. During the 2006 season, three of the vessels are chartered to Thomson Cruises and another one to Transocean of Germany. The rest of the fleet is operating cruises out of the ports of Piraeus (two vessels), Genoa & Marseille (two vessels), London Tilbury (one vessel) and Limassol (three vessels).

Louis Group is also active in the hospitality industry with twenty seven 4 and 5 star hotels, fifteen of which are located in various popular Greek islands and twelve in Cyprus, including the 2 Hilton hotels in Nicosia.