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Top Ships Inc. Announces Second Quarter & First Half 2010 Results Release Date, Conference Call and Webcast

News Release TOP Ships Inc. August 2, 2010
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<P align=left>ATHENS, GREECE &#8211; August 2, 2010 &#8211; </B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">TOP Ships Inc.
(NasdaqGS: TOPS), an international</P>
<P align=left>provider of worldwide seaborne crude oil, petroleum products, and
drybulk transportation</P>
<P align=left>services, announced today that it will release its results for the
second quarter and first half 2010</P>
<P align=left>before the market opens in New York on Thursday, August 5,
2010.</P>
<P align=left>TOP Ships&#8217; management team will host a conference call on that
same day </FONT></FONT><B><FONT size=3 face="Times New Roman"><FONT size=3
face="Times New Roman">Thursday, August 5,</P>
<P align=left>2010</B></FONT></FONT><FONT size=3 face="Times New Roman"><FONT
size=3 face="Times New Roman">, at 11:00 a.m. EDT to discuss the Company&#8217;s
financial results.</P></FONT></FONT><B><FONT size=3 face="Times New Roman"><FONT
size=3 face="Times New Roman">
<P align=left>Conference Call details:</P></B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">
<P align=left>Participants should dial into the call 10 minutes before the
scheduled time using the following</P>
<P align=left>numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329 (from the
UK), or (+44) (0) 1452 542</P>
<P align=left>301 (from outside the US). Please quote "TOP Ships".</P>
<P align=left>A replay of the conference call will be available until August 12,
2010. The United States replay</P>
<P align=left>number is 1(866) 247-4222; from the UK 0(800) 953-1533; the
standard international replay</P>
<P align=left>number is (+44) (0) 1452 550 000 and the access code required for
the replay is: 39394642#.</P></FONT></FONT><B><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">
<P align=left>Audio webcast:</P></B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">
<P align=left>There will also be a simultaneous live webcast over the Internet,
through the TOP Ships Inc.</P>
<P align=left>website (</FONT></FONT><FONT color=#0000ff size=3
face="Times New Roman"><FONT color=#0000ff size=3 face="Times New Roman"><FONT
color=#0000ff size=3
face="Times New Roman">www.topships.org</FONT></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">) under &#8220;Investor
Relations&#8221;. Participants to the live webcast should</P>
<P>register on the website approximately 10 minutes prior to the start of the
webcast.</P></FONT></FONT></DIV></BODY></HTML>