Dear Members,

As you maybe aware, Olympic Airlines will enter into liquidation and a new privately owned Airline Olympic Air will be established.

Consequently, we would like to inform you that the accumulated miles of Icarus Program of Olympic Airlines must be redeemed for domestic and international flights until the September 30^th of 2009*.

To request an award ticket please contact by e-mail:

or fax: 0030-210-96 66 244

*All flights must have been completed until the 30^th of September 2009

The ICARUS FREQUENT FLYER PROGRAM will be terminated on 30^th of September 2009.

Taking the opportunity we would like to express our appreciation for your continuous support during all those years.

Sincerely,

Olympic Airlines