Aegean Marine Petroleum Network Inc.
Notes Filing of a Securities Lawsuit


PIRAEUS, Greece, Feb. 14, 2011 /PRNewswire via COMTEX/

Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has been named as a defendant in a putative securities class action lawsuit filed in the United States District Court for the Southern District of New York on behalf of purchasers of the Company's common stock during the period between January 4, 2010 and February 3, 2011. The Company's Chairman of the Board, President and Chief Financial Officer were also named as individual defendants.

The complaint asserts claims under the Securities Exchange Act of 1934 and alleges, among other things, that the Company misrepresented and failed to disclose material adverse facts related to its financial condition, business and prospects during the class period.

The Company firmly believes that the lawsuit is without merit, that it unfairly impugns the integrity both of the Company and individual defendants, and the Company intends to defend the action as vigorously as possible.

About Aegean Marine Petroleum Network Inc.
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in more than 16 markets, including Vancouver, Montreal, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Singapore, Morocco, the Antwerp-Rotterdam-Amsterdam (ARA) region, and Las Palmas, and plans to commence operations in Cape Verde during the first quarter of 2011.

Source: Aegean Marine Petroleum Network Inc.