News Release

News Release Capital Product Partners, L.P. March 9, 2011

ATHENS, Greece, March 8, 2011 -- Capital Product Partners L.P. (the "Partnership") (Nasdaq:
CPLP), an international owner of modern double-hull tankers, today announced the successful
chartering of the M/T Axios to Petroleo Brasileiro S.A. (Petrobras).
The M/T Axios (2007 Build, Hyundai Mipo 47,823 DWT, Ice Class 1A) was fixed at a gross
daily charter rate of $13,500 to Petrobras for 12 months (+/- 30 days). The charter commenced
on March 4th 2011, and the earliest expected redelivery is February 2012. The vessel was
previously fixed with Capital Maritime & Trading Corp, our Sponsor, for a period of 12 months,
which terminated on March 2nd 2011.
Mr. Ioannis Lazaridis, Chief Executive and Chief Financial Officer of the Partnership’s General
Partner commented: "We are very happy to further extend our successful relationship with
Petrobras. We now have two of our vessels currently under charter with the oil major. As a result
of today's announcement, the Partnership's fleet charter coverage stands at approximately 75%
for 2011 and 49% for 2012, based on total revenue days."