Capital Product Partners L.P. Announces
Cash Distribution

ATHENS, GREECE - (MARKET WIRE) - 01/21/11 - Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.2325 per unit for the fourth quarter of 2010, ended December 31, 2010.

The fourth quarter cash distribution is in line with management's revised annual distribution guidance of $0.93 per unit announced in June 2010 and will be paid on February 15, 2011 to unit holders of record on February 4, 2011.

About Capital Product Partners L.P.
Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of modern double-hull tankers. Capital Product Partners L.P. owns 21 modern vessels, comprising 18 MR tankers, two small product tankers and one Suezmax crude oil tanker. Most of its vessels are under medium to long-term charters to BP Shipping Limited, Overseas Shipholding Group, Petroleo Brasileiro S.A., Arrendadora Ocean Mexicana S.A. de C.V. and Capital Maritime & Trading Corp. For more information about the Partnership and to access or request a copy of its Annual Report, please visit the website: www.capitalpplp.com.

Capital Product Partners L.P. press release