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Excel Maritime Carriers Announces Date for the Release of First Quarter 2011 Results, Conference Call and Webcast

News Release Excel Maritime Carriers, Ltd. April 29, 2011
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<DIV><I><FONT size=3 face="Times New Roman"><FONT size=3 face="Times New Roman">
<P align=left>Earnings Release: Monday, May 2, 2011, After the Market Closes</P>
<P align=left>Conference Call and Webcast: Tuesday, May 3, 2011, at 10:30 A.M.
EDT</P></I></FONT></FONT><B><FONT size=3 face="Times New Roman"><FONT size=3
face="Times New Roman">
<P align=left>ATHENS, GREECE &#8211; April 27, 2011 &#8211; </B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">Excel Maritime
Carriers Ltd (NYSE:</P>
<P align=left>EXM), an owner and operator of dry bulk carriers and a provider of
worldwide</P>
<P align=left>seaborne transportation services for dry bulk cargoes, announced
today that it will</P>
<P align=left>release its results for the first quarter ended March 31, 2011
after the market closes on</P>
<P align=left>Monday, May 2, 2011.</P>
<P align=left>On the next day, Tuesday, May 3, 2011 at 10:30 A.M. EDT, the
company&#8217;s</P>
<P align=left>management will host a conference call to discuss the
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</P>
<P align=left>following numbers: 1 866 819 7111 (US Toll Free Dial In), 0800 953
0329 (UK Toll</P>
<P align=left>Free Dial In) or +44 (0)1452 542 301 (Standard International Dial
In). </FONT></FONT><B><FONT size=3 face="Times New Roman"><FONT size=3
face="Times New Roman">Please quote</P>
<P align=left>&#8220;Excel Maritime&#8221; </B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">to the operator.</P>
<P align=left>A telephonic replay of the conference call will be available until
May 11, 2011 by</P>
<P align=left>dialing 1 866 247 4222 (US Toll Free Dial In), 0800 953 1533 (UK
Toll Free Dial In)</P>
<P align=left>or +44 (0)1452 550 000 (Standard International Dial In). Access
Code: 1838801#</P></FONT></FONT><B><FONT size=3 face="Times New Roman"><FONT
size=3 face="Times New Roman">
<P align=left>Slides and 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 live, and then archived, webcast of the
conference call, available</P>
<P align=left>through Excel Maritime Carriers&#8217; website (www.excelmaritime.com).
Participants for</P>
<P align=left>the live webcast should register on the website approximately 10
minutes prior to the</P>
<P align=left>start of the webcast.</P></FONT></FONT><B><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">
<P>&nbsp;</P></B></FONT></FONT></DIV></BODY></HTML>