PIRAEUS, GREECE - June 18, 2012 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced today that it has purchased from Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM) the Navios Buena Ventura, a 2010 South-Korean-built Capesize vessel of 179,259 dwt for $67.5 million cash consideration of which $22.0 million are debt financing and the $45.5 million cash from balance sheet.

The vessel is chartered out at $29,356 (net) per day until December 2020 with 50/50 profit sharing which commences when the Baltic Exchange Capesize TC Average exceeds $38,500. The Navios Buena Ventura is expected to generate annual base EBITDA of approximately $8.3 million and aggregate base EBITDA of approximately $70.8 million over the life of the charter contract. The charter contract is insured by an AA rated insurance company in the European Union.

About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels.

For more information, please visit our website at

Maritime Partners L.P (NMM)
http://www.navios-mlp.com/home.asp
http://www.nasdaq.com/symbol/nmm

Navios Maritime Holdings (NM)
http://www.navios.com/home.asp
http://www.nasdaq.com/symbol/nm

Dry Bulk Fixtures 19.06.2012
http://reports.platou.com/FixtureReport/Pages/BulkFixtures.aspx
3 weeks Fixtures
http://reports.platou.com/OnlineServices/Pages/BulkPeriodFixtures.aspx

Photo:Capesize Navios Buena Ventura 179,259 dwt