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Monaco - 28 July 2016 Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results (unaudited) for the three and six months ended June 30, 2016. Three and Six Months Ended June 30, 2016 Highlights: Distributable Cash Flow (1) during the three and six months ended June 30, 2016 of $22.6 million and $45.3 million, respectively, up by 30% and 28%, respectively, compared to the same periods of 2015; Adjusted EBITDA (1) for the three and six months ended June 30, 2016 of $35.0 million and $70.2 million, respectively; Adjusted Net Income (1) for the three and six months ended June 30, 2016 of $18.8 million and $37.7 million, respectively; Adjusted Earnings per common unit (1) (2) for the three and six months ended June 30, 2016 of $0.48 and $0.96, respectively; $82.2 million of reported cash and $112.2 million of available liquidity as of June 30, 2016; Quarterly cash distribution of $0.4225 per common unit and $0.5625 per preferred unit. (1) Distributable Cash Flow, Adjusted EBITDA, Adjusted Net Income and Adjusted Earnings per common unit are not recognized measures under U.S. GAAP. Please refer to the definitions and reconciliation of these measures to the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP in Appendix B. (2) Adjusted Earnings per common unit presentation eliminates the effect of the Series A Preferred Units interest on the Partnership’s net income for the periods presented. Recent Developments: Quarterly Common and Subordinated Unit Cash Distribution: On July 6, 2016, the Partnership’s Board of Directors announced a quarterly cash distribution of $0.4225 per common and subordinated unit in respect of the second quarter of 2016. This cash distribution was paid on July 19, 2016, to all unitholders of record as of July 12, 2016. Series A Preferred Units Cash Distribution: On July 25, 2016, the Partnership’s Board of Directors also announced a cash distribution of $0.5625 per unit of its Series A Preferred Units (NYSE: DLNG PR A) for the period from May 12, 2016 to August 11, 2016, payable on or about August 12, 2016 to all unitholders of record as of August 5, 2016. More details: dlng072816.pdf 
Dynagas LNG Partners L.P. - Press Release 
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