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Crude Carriers Corp. Schedules Second Quarter 2011 Earnings Release and Conference Call

News Release Crude Carriers Corp July 29, 2011
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<P align=left>ATHENS, Greece, July 29, 2011 </FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">&#8211; </FONT></FONT><FONT
size=3 face="Times New Roman"><FONT size=3 face="Times New Roman">Crude Carriers
Corp. (NYSE: CRU) announced today that it will</P>
<P align=left>release financial results for the second quarter ended June 30,
2011, before the market opens in New</P>
<P align=left>York on Friday, August 5, 2011.</P>
<P align=left>Following the earnings release, on the same day, Friday, August 5,
2011, at 10:00 a.m. EDT, the</P>
<P align=left>Crude Carriers management team will hold a conference call to
discuss the financial 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</B></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">:</P>
<P align=left>Participants should dial into the call 10 minutes before the
scheduled time using the following</P>
<P align=left>numbers: by dialling 1 866 819 7111 (US Toll Free Dial In), 0800
953 0329 (UK Toll Free Dial In) or</P>
<P align=left>+44 (0)1452 542 301 (Standard International Dial In). Please quote
"Crude Carriers".</P>
<P align=left>A telephonic replay of the conference call will be available until
August 12, 2011 by dialling 1 866</P>
<P align=left>247 4222 (US Toll Free Dial In), 0800 953 1533 (UK Toll Free Dial
In) or +44 (0)1452 55 00 00</P>
<P align=left>(Standard International Dial In). Access Code required for the
reply is: 70469247#</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 through the</P></FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3 face="Times New Roman">
<P align=left>Company&#8217;s website (www.</FONT></FONT><FONT size=3
face="Times New Roman"><FONT size=3
face="Times New Roman">crudecarrierscorp.com). Participants to the live webcast
should register on</P>
<P>the website approximately 10 minutes prior to the start of the
webcast.</P></FONT></FONT></DIV></BODY></HTML>