Jul 25, 2007

Capital Product Partners L.P. Schedules Second Quarter 2007 Earnings Release and Conference Call

ATHENS, Greece, July 25, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Capital Product Partners L.P. (Nasdaq: CPLP) today announced that it will release financial results for the period ended June 30, 2007 on Tuesday, July 31, 2007, before the market opens. Following the release of its results, Ioannis Lazaridis, Chief Executive Officer and Chief Financial Officer, will host an interactive conference call on Tuesday, July 31, 2007 at 10:00 am ET.

The public is invited to listen to the conference call by dialing 1-888- 935-4577 (US and Canada), or +1 718-354-1388 (international), 10 minutes prior to the start of the call. No access code is required. An audio webcast of the conference call will run simultaneously on the company's website at www.capitalpplp.com. The relevant link will be found in the Investor Relations section of the website.

A replay of the call will be available from Tuesday, July 31, 2007 through 12:00 am ET on Wednesday, August 8, 2007. The replay can be accessed by calling 1-866-883-4489 (US and Canada) or +1 718-354-1112 (international). The access code for the replay is 8710554#. A replay of the webcast can also be accessed from the company's website and will be available for 30 days following the call.

About Capital Product Partners L.P.

Capital Product Partners L.P. (Nasdaq: CPLP - News), a Marshall Islands master limited partnership, is an international owner of medium-range product tankers. Following the delivery of the M/T Akeraios on July 13, 2007, Capital Product Partners L.P. now owns 10 MR Ice Class 1A product tankers and has an agreement to purchase five additional product tankers from Capital Maritime & Trading Corp. All 15 vessels are under medium- to long-term charters to BP Shipping Limited, Morgan Stanley and Overseas Shipholding Group Inc.

    CPLP-F

    Contacts:
    Ioannis Lazaridis
    Chief Executive Officer and Chief Financial Officer
    Capital GP L.L.C.
    +30 (210) 4584 950
    i.lazaridis@capitalpplp.com

    Jerry Kalogiratos
    Commercial Officer
    Capital Maritime & Trading Corp.
    +30 (210) 4584 950
    j.kalogiratos@capitalmaritime.com

    Robert Ferris
    RF|Binder Partners Inc.
    +1 (212) 994-7505
    robert.ferris@rfbinder.com

    Tom Pratt
    RF|Binder Partners Inc.
    +1 (212) 994-7563
    tom.pratt@rfbinder.com

SOURCE Capital Product Partners L.P.

Ioannis Lazaridis, Chief Executive Officer and Chief Financial Officer, Capital GP
L.L.C., +30 (210) 4584 950, i.lazaridis@capitalpplp.com; or Jerry Kalogiratos,
Commercial Officer, Capital Maritime & Trading Corp., +30 (210) 4584 950,
j.kalogiratos@capitalmaritime.com; or Robert Ferris, +1-212-994-7505, or
robert.ferris@rfbinder.com, or Tom Pratt, +1-212-994-7563, tom.pratt@rfbinder.com,
both of RF|Binder Partners Inc.
http://www.capitalpplp.com

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