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TSAKOS ENERGY NAVIGATION LTD HOLDS EIGHTEENTH ANNUAL GENERAL MEETING

News Release Tsakos Energy Navigation Ltd. June 4, 2011
ATHENS, GREECE – June 3, 2011 – Tsakos Energy Navigation Ltd. ("TEN")
(NYSE: TNP) announced today that the Company conducted its Annual General
Meeting (AGM), with 89.9% of its common shares represented in person or by
proxy. All of the resolutions proposed were approved by at least 95.1% of the votes
cast at the meeting. In particular:
? Mr. Michael G. Jolliffe, and Mr. Francis T. Nusspickel were re-elected as
Directors.
? Mr. Takis Arapoglou was elected as an additional independent Director.
? The audited financial statements for the year ended December 31, 2010 were
adopted.
? Ernst & Young (Hellas) were re-appointed as auditors for the financial year
ending December 31, 2011.
? The remuneration of the non-executive directors was approved.