Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2013

$125.6 million of Revenue and $38.8 million of EBITDA for Q2 2013

Declared quarterly dividend of $0.06 per share for Q2 2013

$277.1 million of cash as of Q2 2013

Fleet coverage of 84.6% for 2013; 21.5% for 2014

Low cash flow breakeven of $5,365 per open day for 2013

Strategy of fixing vessels for period charters above cash flow breakeven with market exposure

Recent charters provide base rate and profit sharing or index plus premium

Latest capesize fixture for $18,000 to $19,400 gross per day for 95 days

11% of fleet and 33% of charters fixed since June have market exposure mechanism

Navios Logistics continued growth

$17.6 million of EBITDA for Q2 2013

$4.4 million of Net Income for Q2 2013

Acquired three convoys for approximately $49 million to support iron ore transportation

Formed Navios Europe Inc. and arranged technical and commercial management for five of the ten vessels pursuant to a letter of intent with HSH Nordbank AG

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(www.navios.com)