Navios Maritime Partners L.P. Announces Public Offering of 4,000,000 Common Units
News Release
Navios Maritime Partners L.P.
May 4, 2012
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<DIV>Piraeus, Greece, May 2, 2012 - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced
today that it plans to offer 4,000,000 common units representing limited
partnership interests in a public offering. Navios Partners expects to grant the
underwriters a 30-day option to purchase an additional 600,000 common units.
Navios Partners expects to use the net proceeds from the public offering to fund
its fleet expansion and/or for general partnership purposes.<BR><BR>Navios
Partners' common units trade on the New York Stock Exchange under the symbol
"NMM".<BR><BR>The joint book-running managers for this offering are Citigroup,
J.P. Morgan and Wells Fargo Securities and the manager is S. Goldman Capital
LLC. <BR><BR>When available, copies of the prospectus supplement and
accompanying base prospectus related to this offering may be obtained from:
Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY
11220 (tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); Wells Fargo
Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, NY
10152 (tel: (800) 326-5897).<BR><BR>This news release does not constitute an
offer to sell or a solicitation of an offer to buy the securities described
herein, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction. This offering may be made only by means of a prospectus supplement
and accompanying base prospectus.<BR><BR></DIV></BODY></HTML>
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<DIV>Piraeus, Greece, May 2, 2012 - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced
today that it plans to offer 4,000,000 common units representing limited
partnership interests in a public offering. Navios Partners expects to grant the
underwriters a 30-day option to purchase an additional 600,000 common units.
Navios Partners expects to use the net proceeds from the public offering to fund
its fleet expansion and/or for general partnership purposes.<BR><BR>Navios
Partners' common units trade on the New York Stock Exchange under the symbol
"NMM".<BR><BR>The joint book-running managers for this offering are Citigroup,
J.P. Morgan and Wells Fargo Securities and the manager is S. Goldman Capital
LLC. <BR><BR>When available, copies of the prospectus supplement and
accompanying base prospectus related to this offering may be obtained from:
Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY
11220 (tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); Wells Fargo
Securities, Attn: Equity Syndicate Department, 375 Park Avenue, New York, NY
10152 (tel: (800) 326-5897).<BR><BR>This news release does not constitute an
offer to sell or a solicitation of an offer to buy the securities described
herein, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction. This offering may be made only by means of a prospectus supplement
and accompanying base prospectus.<BR><BR></DIV></BODY></HTML>