Navios Maritime Acquisition Corporation Announces Public Offering
of 6,000,000 Shares of Common Stock

PIRAEUS, Greece, Nov. 15, 2010 /PRNewswire via COMTEX/

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels ("Navios Acquisition") (NYSE: NNA), announced today that it plans to offer 6,000,000 shares of common stock in a public offering. Navios Acquisition expects to grant the underwriters a 30-day option to purchase an additional 900,000 shares of common stock to cover over-allotments, if any. Navios Acquisition expects to use the net proceeds from the public offering for general corporate purposes.

The joint book-running managers for this offering are Citi and Wells Fargo Securities and the manager is S. Goldman Advisors LLC.

When available, copies of the prospectus supplement and accompanying base prospectus related to this offering may be obtained from: Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (tel: (800) 831-9146 or e-mail: batprospectusdept@citi.com); or Wells Fargo Securities, Attn: Equity Syndicate Dept., 375 Park Avenue, New York, NY 10152 (tel: (800) 326-5897), cmclientsupport@wellsfargo.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering may be made only by means of a prospectus supplement and accompanying base prospectus.

About Navios Maritime Acquisition Corporation
Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing in the transportation of petroleum products (clean and dirty) and bulk liquid chemicals.

Source: Navios Maritime Acquisition Corporation