NAVIOS MARITIME PARTNERS L.P.
APPOINTMENT OF MICHAEL SARRIS TO BOARD
Piraeus, Greece, July 21, 2010 - Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an
owner and operator of dry cargo vessels, announced today the appointment of Michael Sarris to its Board of
Mr. Michael Sarris previously was the Minister of Finance of the Republic of Cyprus from September 2005 to
March 2008. Prior to that he has been a Director of the World Bank where he has served for 29 years.
Mr. Sarris holds a bachelor degree in Economics from the London School of Economics and a Doctorate in
Economics from Wayne State University.
“We are delighted Mr. Sarris has joined our board and believe that he will be an important asset to our
company,” said Ms. Angeliki Frangou, Chairman and CEO of Navios Maritime Partners L.P.
Michael Sarris fills the seat made vacant by the resignation of Efstathios Loizos.
ABOUT NAVIOS MARITIME PARTNERS L.P.
Navios Maritime Partners L.P. (NYSE: NMM), a publicly traded master limited partnership formed by Navios
Maritime Holdings Inc. (NYSE: NM) is an owner and operator of dry cargo vessels. For more information,
please visit our website at www.navios-mlp.com
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and
Navios Partners’ growth strategy and measures to implement such strategy; including expected vessel acquisitions
and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,”
“hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-
looking statements. Such statements include comments regarding expected revenue and time charters. Although
Navios Partners believes that the expectations reflected in such forward-looking statements ar