The flow-shop scheduling problem with exact delays is generalization of no-wait flow-shop scheduling in which an exact delay exists between the consecutive tasks of each job. The problem with distinct delays to minimize the makespan is strongly NP-hard even for the two-machine case with unit execution time tasks. Providing polynomial-time solutions for special cases of the problem, we show that the two-machine permutation flow-shop case is solvable in O(nlogn) time, while the case with more than two machines is strongly NP-hard. We also show that the multi-machine case with delays following the ordered structure possesses the pyramidal-shaped property and propose an O(n2)-time dynamic program to solve it. We further improve the time complexity of the solution algorithm to O(nlogn) under certain conditions.