Navios Maritime Partners L.P. Announces Public Offering of 4,000,000 Common Units
News Release
Navios Maritime Partners L.P.
April 8, 2011
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<P>Piraeus, Greece, April 7, 2011 - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced
today that it plans to offer 4,000,000 common units representing limited
partnership interests in a public offering. Navios Partners expects to grant the
underwriters a 30-day option to purchase an additional 600,000 common units to
cover over-allotments, if any. Navios Partners expects to use the net proceeds
from the public offering to fund its fleet expansion and/or for general
partnership purposes. <BR clear=all><BR clear=all>Navios Partners' common units
trade on the New York Stock Exchange under the symbol "NMM". <BR clear=all><BR
clear=all>The joint book-running managers for this offering are Citi, J.P.
Morgan and Wells Fargo Securities and the manager is S. Goldman Capital LLC. <BR
clear=all><BR clear=all>When available, copies of the prospectus supplement and
accompanying base prospectus related to this offering may be obtained from:
Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220
(tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); Wells Fargo
Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York,
New York, 10152 (tel (800) 326-5897). <BR clear=all><BR clear=all>This news
release does not constitute an offer to sell or a solicitation of an offer to
buy the securities described herein, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. This offering may be made only by
means of a prospectus supplement and accompanying base prospectus. <BR
clear=all><BR clear=all></P></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
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<DIV>
<P>Piraeus, Greece, April 7, 2011 - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced
today that it plans to offer 4,000,000 common units representing limited
partnership interests in a public offering. Navios Partners expects to grant the
underwriters a 30-day option to purchase an additional 600,000 common units to
cover over-allotments, if any. Navios Partners expects to use the net proceeds
from the public offering to fund its fleet expansion and/or for general
partnership purposes. <BR clear=all><BR clear=all>Navios Partners' common units
trade on the New York Stock Exchange under the symbol "NMM". <BR clear=all><BR
clear=all>The joint book-running managers for this offering are Citi, J.P.
Morgan and Wells Fargo Securities and the manager is S. Goldman Capital LLC. <BR
clear=all><BR clear=all>When available, copies of the prospectus supplement and
accompanying base prospectus related to this offering may be obtained from:
Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220
(tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); Wells Fargo
Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York,
New York, 10152 (tel (800) 326-5897). <BR clear=all><BR clear=all>This news
release does not constitute an offer to sell or a solicitation of an offer to
buy the securities described herein, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. This offering may be made only by
means of a prospectus supplement and accompanying base prospectus. <BR
clear=all><BR clear=all></P></DIV></BODY></HTML>