Navios Maritime Partners L.P. Announces Cash Distribution of $0.42 Per Unit

PIRAEUS, GREECE - October 26, 2010 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that its Board of Directors has declared a cash distribution of $0.42 per unit for the quarter ended September 30, 2010. This distribution represents an annual distribution of $1.68 per unit. The cash distribution will be payable on November 12, 2010 to unit holders of record as of November 10, 2010.

About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels. For more information, please visit our website at www.navios-mlp.com.

Navios Maritime Partners L.P.