Unit Distributions Tax Treatment

The Partnership has elected to be treated as a C-Corporation for tax purposes (our investors receive the standard 1099 form and not a K-1 form).

The chart below describes the distributions made by Capital Product Partners L.P. during 2011 and the reporting of such payments on United States Internal Revenue Service ("IRS") Form 1099.

Please note that determination of whether payments constitute a dividend or a nondividend distribution is not made for U.S. federal income tax purposes until the end of the fiscal year. If you are a U.S. unitholder and you received an IRS Form 1099 that does not set forth such amounts, you should contact your broker or your tax advisor.

Holders are directed to consult their own tax advisors to determine the appropriate tax treatment with respect to the distributions.

Disclaimer

This chart and related comments are intended as general information only and do not constitute tax advice. This information was not written or intended to be used, and it cannot be used, by any person as a basis for avoiding federal tax penalties that may be imposed on that person. Unitholders should consult their own tax advisors with respect to the specific tax consequences to them. Capital Product Partners L.P. makes no warranty either expressed or implied regarding any tax issues of its unitholders. The amounts of total distribution paid have been provided by us to our transfer agent.