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Navios Maritime Partners L.P. Increases Cash Distribution By 1.2% to $0.42 Per Unit

News Release Navios Maritime Partners L.P. July 23, 2010
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<DIV>PIRAEUS, GREECE - July 22, 2010 - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE: NMM) announced today that its Board of Directors has declared
a cash distribution of $0.42 per unit for the quarter ended June 30, 2010. This
distribution represents a 1.2% increase over the prior quarter's distribution of
$0.415 per unit and an annual distribution of $1.68 per unit. The cash
distribution will be payable on August 12, 2010 to unit holders of record as of
August 9, 2010. <BR clear=all><BR clear=all>About Navios Maritime Partners L.P.
<BR clear=all><BR clear=all>Navios Partners (NYSE: NMM) is a publicly traded
master limited partnership which owns and operates dry cargo vessels. For more
information, please visit our website at www.navios-mlp.com. <BR
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