Safe Bulkers, Inc. Announces its Participation at the 6th Annual Capital Link Invest in International Shipping Forum in New York City
News Release
Safe Bulkers, Inc.
March 16, 2012
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<P align=left>Athens, Greece, </B></FONT><FONT face="Times New Roman">March 16,
2012 </FONT><B><FONT face="Times New Roman">— </B></FONT><FONT
face="Times New Roman">Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an</P>
<P align=left>international provider of marine drybulk transportation services,
announced the Company’s</P>
<P align=left>management will participate at the 6th Annual Capital Link Invest
in International Shipping</P>
<P align=left>Forum in New York City on Monday, March 19, 2012.</P>
<P align=left>A PDF version of the slide presentation used at the forum will be
available on the Company’s</P>
<P align=left>website at </FONT><FONT color=#0000ff face="Times New Roman"><FONT
color=#0000ff face="Times New Roman">www.safebulkers.com</FONT></FONT><FONT
face="Times New Roman">.</P></FONT></FONT></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.19190"></HEAD>
<BODY>
<DIV><FONT face="Times New Roman"><B><FONT face="Times New Roman">
<P align=left>Athens, Greece, </B></FONT><FONT face="Times New Roman">March 16,
2012 </FONT><B><FONT face="Times New Roman">— </B></FONT><FONT
face="Times New Roman">Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an</P>
<P align=left>international provider of marine drybulk transportation services,
announced the Company’s</P>
<P align=left>management will participate at the 6th Annual Capital Link Invest
in International Shipping</P>
<P align=left>Forum in New York City on Monday, March 19, 2012.</P>
<P align=left>A PDF version of the slide presentation used at the forum will be
available on the Company’s</P>
<P align=left>website at </FONT><FONT color=#0000ff face="Times New Roman"><FONT
color=#0000ff face="Times New Roman">www.safebulkers.com</FONT></FONT><FONT
face="Times New Roman">.</P></FONT></FONT></DIV></BODY></HTML>