Back to News

Capital Product Partners L.P. Announces Approval of Merger Agreement by Shareholders of Crude Carriers Corp.

News Release Capital Product Partners, L.P. September 21, 2011
Athens, Greece – September 21, 2011 – Capital Product Partners L.P. (“CPLP”) today
announces that, at a special meeting of the shareholders of Crude Carriers Corp. (“Crude”) held
yesterday in Piraeus, Greece, the shareholders of Crude have approved the proposal to adopt the
merger agreement dated May 5, 2011 providing for the acquisition of Crude by CPLP in a unitfor-
share transaction. The merger was approved at the special meeting by 60.3% of Crude’s
unaffiliated shareholders voting as a separate class, representing approximately 97.9 percent of
the total votes cast.
In connection with the merger, CPLP has approved the election of Dimitris Christacopoulos to
the board of directors, to be effective as of, and subject to the occurrence of, the completion of
the merger.
CPLP expects that the merger will be completed on or about September 30, 2011.