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Kyriakoulis Shows Interest In Stardust Marine

Maritime Activity Reports, Inc.

October 29, 1999

Yacht operator Kyriakoulis has officially expressed its interest in acquiring France-based Stardust Marine SA, which operates 275 yachts and 16 marinas around the world. Kyriakoulis officials said that if the company's acquisition is successful it will become the world's largest company in the yachting business. Stardust Marine SA had sales of $21 million in 1998, officials said.