Navios Maritime Partners L.P. Increases Cash Distribution
by 1.2% to $0.41 Per Unit

PIRAEUS, GREECE - January 26, 2010 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that its Board of Directors has declared a cash distribution of $0.41 per unit for the fourth quarter ended December 31, 2009. This distribution represents a 1.2% increase over the prior quarter's distribution of $0.405 per unit and an annual distribution of $1.64 per unit. The cash distribution will be payable on February 11, 2010 to unit holders of record as of February 8, 2010.

About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM), a publicly traded master limited partnership formed by Navios Maritime Holdings Inc (NYSE: NM), is an owner and operator dry cargo vessels. For more information, please visit our website at www.navios-mlp.com.

Navios Maritime Partners L.P.