Apr 16, 2008

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

ATHENS, Greece, Apr 16, 2008 (PrimeNewswire via COMTEX News Network) -- Capital Product Partners L.P. (Nasdaq:CPLP) today announced that it will release financial results for the first quarter ended March 31, 2008 on Wednesday, April 30, 2008, before the NASDAQ market open. Following the release of its results, Ioannis Lazaridis, Chief Executive Officer and Chief Financial Officer, will host an interactive conference call on Wednesday, April 30, 2008 at 10:00 am Eastern Time (U.S.).

The public is invited to listen to the conference call by dialing 1-888-935-4577 (U.S. and Canada), or +1 718-354-1388 (international); reference number 6418099. Participants should dial in 10 minutes prior to the start of the call. The slide presentation accompanying the conference call will be available on the Partnership's website at www.capitalpplp.com. An audio webcast of the call will also be accessible on the website. The relevant links will be found in the Investor Relations section of the website.

A replay of the call will be available through midnight Eastern Time on Friday, May 2, 2008. The replay can be accessed by calling 1-866-883-4489 (U.S. and Canada) or +1 718-354-1112 (international). The access code for the replay is 6418099. 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), a Marshall Islands master limited partnership, is an international owner of modern double-hull tankers. The Partnership owns 15 vessels, including 13 modern MR tankers, one small product tanker and one Suezmax crude oil tanker, and has agreements to purchase three additional product tankers from Capital Maritime & Trading Corp. All 18 vessels are under medium- to long-term charters to BP Shipping Limited, Morgan Stanley Capital Group Inc., Overseas Shipholding Group, Shell International Trading & Shipping Company Ltd., and Trafigura Beheer B.V.

CPLP-F

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SOURCE: Capital Product Partners L.P.

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

          Capital Maritime & Trading Corp.
          Merete Serck-Hanssen, SVP Finance
          +1 (203) 539-6273
          m.serckhanssen@capitalmaritime.com

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

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