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COSTAMARE Inc. Sets the Date for its First Quarter 2011 Results Release, Conference Call and Webcast

News Release Costamare Inc. May 19, 2011
Earnings Release: Monday, May 23, 2011, After Market Closes
Conference Call and Webcast: Tuesday, May 24, 2011, at 8:30a.m. EDT

ATHENS, GREECE - May 17, 2011 - Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the first quarter ended March 31, 2011 after the market closes in New York on Monday, May 23, 2011. Following the earnings release, on the following day, Tuesday, May 24, 2011 at 8:30 a.m. EDT, Costamare's management team will hold a conference call to discuss the financial results.

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329 (from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote "Costamare."

A replay of the conference call will be available until May 31, 2011. The United States replay number is 1(866) 247-4222; from the UK 0(800) 953-1533; the standard international replay number is (+44) (0) 1452 550 000 and the access code required for the replay is: 25306424#

Live webcast:

There will also be a simultaneous live webcast over the Internet, through the Costamare Inc. website (www.costamare.com) under the "Investors" section. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.