Globus Maritime Announces the Timetable
for the Cancellation of the AIM Listing

Athens, Greece, November 23, 2010. Globus Maritime Limited ("Globus" or the “Company"), (AIM: GLBS.L), a marine transportation company with subsidiaries that own and operate dry bulk vessels, announces the timetable for the cancellation of trading of its shares (GLBS.L) on AIM.

As announced earlier today, the Company has filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”). The Company also announced that its common shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the Company’s registration statement following the Company’s redomiciliation into the Marshall Islands. The Company’s common shares will trade under the ticker symbol “GLBS” (NASDAQ:GLBS).

The expected effective date for the delisting of the shares on AIM will be 7:00 a.m. UK time on November 25, 2010. As previously announced, the trading in the shares of the Company on AIM will be suspended on the day preceding the day of cancellation of the AIM listing. The Company confirms that suspension of trading in the shares will be affected at 7.30 a.m. UK time on November 24, 2010.

Consequently, the last day of trading of the Company’s shares on the AIM is today, November 23, 2010.

To effectuate the delisting of shares from AIM and the listing on a U.S. stock exchange, the Company will instruct its current registrar to transfer the Company’s share register to its U.S. counterpart, who will create the necessary accounts. Each record holder will receive a statement after completion of these transfers. Current share certificates will no longer represent shares in the Company following the Company’s redomiciliation into the Marshall Islands. Shares of the Company after such time will be recorded exclusively on the books of the transfer agent or registrar for such shares.

The press release does not constitute an offer to sell or a solicitation of an offer to buy the shares described above, nor shall there be any sale of such shares in a state or jurisdiction in which such offer, solicitation or sale will be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Globus Maritime Limited
Globus is a global provider of seaborne transportation services for dry bulk cargoes, including among others iron ire, coal, grain, cement and fertilizers, along worldwide shipping routes. Globus’ subsidiaries own and operate three Supramax, one Panamax, and one Kamsarmax vessels, with a weighted average age of 3.7 years as at September 30, 2010, and a total carrying capacity of 319,913 DWT. Globus is listed on the AIM market of the London Stock Exchange under ticker GLBS. Jefferies International Limited is acting as nominated adviser and broker to the Company.

Globus Maritime Limited