<SEC-DOCUMENT>0000950123-11-090945.txt : 20111020
<SEC-HEADER>0000950123-11-090945.hdr.sgml : 20111020
<ACCEPTANCE-DATETIME>20111020154219
ACCESSION NUMBER:		0000950123-11-090945
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20111020
FILED AS OF DATE:		20111020
DATE AS OF CHANGE:		20111020

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Capital Product Partners L.P.
		CENTRAL INDEX KEY:			0001392326
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33373
		FILM NUMBER:		111150263

	BUSINESS ADDRESS:	
		STREET 1:		3 IASSONOS STREET
		CITY:			PIRAEUS
		STATE:			J3
		ZIP:			18537
		BUSINESS PHONE:		0030 210 458 4950

	MAIL ADDRESS:	
		STREET 1:		3 IASSONOS STREET
		CITY:			PIRAEUS
		STATE:			J3
		ZIP:			18537
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>u93152e6vk.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e6vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 6-K</B>
</DIV>

<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR<BR>
15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>For
the month of October, 2011<BR>
COMMISSION FILE NUMBER 001-33373</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>CAPITAL PRODUCT PARTNERS L.P.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><B>(Translation of registrant&#146;s name into English)</B></DIV>


<DIV align="center" style="font-size: 10pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>3 IASSONOS STREET<BR>
PIRAEUS, 18537 GREECE<BR>
(address of principal executive offices)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Form&nbsp;20-F <FONT style="font-family: Wingdings">&#254;</FONT> Form 40-F <FONT style="font-family: Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation&nbsp;S-T Rule&nbsp;101(b)(1):
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes <FONT style="font-family: Wingdings">&#111;</FONT> No <FONT style="font-family: Wingdings">&#254;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation&nbsp;S-T Rule&nbsp;101(b)(7):
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes <FONT style="font-family: Wingdings">&#111;</FONT> No <FONT style="font-family: Wingdings">&#254;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12g3-2(b) under the
Securities Exchange Act of 1934.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes <FONT style="font-family: Wingdings">&#111;</FONT> No <FONT style="font-family: Wingdings">&#254;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If &#147;yes&#148; is marked, indicate below this file number assigned to the registrant in connection with
Rule&nbsp;12g3-2(b): N/A
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<!--TOC-->
<!--/TOC-->



<!-- link2 "Item&nbsp;1 &#151; Information Contained in this Form&nbsp;6-K Report" -->
<DIV align="left"><A NAME="U93152000"></A></DIV>




<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1 &#151; Information Contained in this Form&nbsp;6-K Report</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Attached as Exhibit I is a press release of Capital Product Partners L.P., dated October 20, 2011.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This report on Form 6-K is hereby incorporated by reference into the registrant&#146;s registration statement, registration number 333-153274, dated October 1, 2008.
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->Page 2 of 3<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 "SIGNATURES" -->


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">CAPITAL PRODUCT PARTNERS, L.P.,<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
    <TD align="left">&nbsp;</TD>
    <TD align="left">By:&nbsp;</TD>

    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/                        Ioannis E. Lazaridis
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD align="left">&nbsp;</TD>

    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD colspan="1" align="left">Ioannis E. Lazaridis&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD align="left">&nbsp;</TD>

    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD colspan="1" align="left">Chief Executive Officer and<br>
Chief Financial Officer of Capital GP
L.L.C.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dated:
October 20, 2011
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->Page 3 of 3<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.I
<SEQUENCE>2
<FILENAME>u93152exv99wi.htm
<DESCRIPTION>EX-99.I
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99wi</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u93152u9315200.gif" alt="(LOGO)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES<BR>
LONG TERM FIXED RATE PERIOD EMPLOYMENT WITH PROFIT SHARE ARRANGEMENTS<BR>
FOR THREE OF ITS CRUDE TANKER VESSELS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Athens, Greece &#151; October&nbsp;20, 2011 &#151; Capital Product Partners L.P. (NASDAQ: CPLP) (&#147;CPLP&#148; or the
&#147;Partnership&#148;) today announced that it has secured long term fixed rate time charter employment
with profit share arrangements for one of its VLCCs and two of its Suezmaxes currently trading in
the spot market.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In particular, the M/T &#145;Alexander The Great&#146; (297,958 dwt, built 2010 Universal Shipbuilding
Corp.), the M/T &#145;Amoureux&#146;(150,393 dwt, built 2008 Universal Shipbuilding Corp.) and the M/T &#145;Aias&#146;
(150,096 dwt, built 2008 Universal Shipbuilding Corp.) have all secured employment with the
Partnership&#146;s sponsor, Capital Maritime &#038; Trading Corp. (&#145;CMTC&#146;) for a maximum charter term of up
to 3&nbsp;years.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The M/T &#145;Alexander The Great&#146; will be earning a gross daily charter rate of $28,000 per day plus
50/50 profit share on actual earnings settled every 6&nbsp;months for the first 12&nbsp;months of its time
charter to CMTC. CMTC has the option to extend the time charter employment for a second year at
$34,000 per day and for a third year at $38,000 per day with the same profit share arrangements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The M/T &#145;Aias&#146; and the M/T &#145;Amoureux&#146; will be earning a gross daily charter rate of $20,000 per day
plus 50/50 profit share on actual earnings settled every 6&nbsp;months for the first 12&nbsp;months of their
time charter to CMTC. CMTC has the option to extend the time charter employment for a second year
at $24,000 per day and for a third year at $28,000 per day with the same profit share arrangements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Conflicts Committee of the Partnership has unanimously approved the above mentioned charters.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">All three vessels are expected to be delivered to CMTC under their respective time charter
employment in the course of October/November&nbsp;2011.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><I>Management Commentary</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Ioannis Lazaridis, Chief Executive and Chief Financial Officer of the Partnership&#146;s General
Partner commented: &#147;We are pleased to announce the long term fixed rate period employment for three
of our five spot crude tanker vessels, shortly after the successful completion of the merger with
Crude Carriers Corp. This is consistent with the Partnership&#146;s business model of long term charter
coverage for our fleet. We intend to also fix our remaining two crude tanker vessels in the coming
months as opportunities arise, in order to reduce the Partnership&#146;s remaining crude spot market
exposure.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;The profit share arrangements we have secured for all three vessels is an important feature of
these charters, as it allows the Partnership to benefit from a recovery in the crude tanker spot
market going forward and enhance future distribution growth.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Following the commencement of the announced charters, the Partnership&#146;s charter coverage of total
fleet days is estimated to stand at 64% for 2012. We have positioned a number of our product
tankers to open during the coming 12&nbsp;months, given the favorable product tanker market fundamentals
that we are likely to see. The average remaining charter duration of our fleet stands at 5.2&nbsp;years,
assuming that CMTC will exercise its extension options for all three vessels.&#148;
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><I>Updated Fleet Employment Profile as of October&nbsp;20, 2011</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Below is a table displaying our existing vessels, along with their present employment:
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Vessel Name</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Charter Type</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>1</b></SUP> <B>&#038; Expiry</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Profit Share Above</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">(Year Built / DWT)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>of Charter</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>2</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Daily Charter Rate (Gross)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Charter Rate</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Charterer</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>3</B></SUP></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Alexander the Great</B><BR>
(2010 / 297,958)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Nov-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">$28,000/ $34,000/ $38,000<SUP style="FONT-size: 85%; vertical-align: text-top">4</SUP>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 on Actual Earnings
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Achilleas</B><BR>
(2010 / 297,863)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Voyage
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">UNIPEC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Miltiadis M II</B><BR>
(2006 /162,397)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Voyage
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">SHELL</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Amore Mio II</B><BR>
(2001 / 159,982)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Feb-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">25,316</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Amoureux</B><BR>
(2008 / 150,393)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Nov-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">$20,000 / $24,000 /
$28,000<SUP style="FONT-size: 85%; vertical-align: text-top">5</SUP>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 on Actual Earnings
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aias</B><BR>
(2008 /150,096)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Nov-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">$20,000 / $24,000 /
$28,000<SUP style="FONT-size: 85%; vertical-align: text-top">5</SUP>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 on Actual Earnings
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Ayrton II</B><BR>
(2009 /51,260)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / May-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">22,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Alexandros II</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>6</B></SUP><br>
(2008 / 51,258)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB/ Feb-18
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">OSG</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Agamemnon II</B><BR>
(2008 / 51,238)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Feb-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">22,278</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aristotelis II</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>6</B></SUP><br>
(2008 /51,226)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / Jul-18
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">OSG</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aris II</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>6</B></SUP><br>
(2008 / 51,218)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / Sep-18
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">OSG</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Axios</B><BR>
(2007 /47,872)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Mar-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,500</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">PTRB</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Assos</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>7</B></SUP><br>
(2006 / 47,872)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / May-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">16,825</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">ARR</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Avax</B><BR>
(2007 / 47,834)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Jun-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">14,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Atrotos</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>7</B></SUP><br>
(2007 / 47,786)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / May-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">16,825</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">ARR</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Vessel Name</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Charter Type</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>1</B></SUP> <B>&#038; Expiry</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Profit Share Above</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">(Year Built / DWT)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>of Charter</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>2</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Daily Charter Rate (Gross)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Charter Rate</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Charterer</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>3</B></SUP></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Anemos I</B><BR>
(2007 /47,782)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Oct-13
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">14,700</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">PTRB</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Apostolos</B><BR>
(2007/ 47,782)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Nov-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">14,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Akeraios</B><BR>
(2007 / 47,781)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Aug-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">14,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Atlantas</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>8</B></SUP><br>
(2006 / 36,760)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / May-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,500</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Agisilaos</B><BR>
(2006 /36,760)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Sep-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,500</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aktoras</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>8</B></SUP><br>
(2006 / 36,759)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / Aug-14
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,500</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aiolos</B><SUP style="FONT-size: 85%; vertical-align: text-top"><B>8</B></SUP><br>
(2007 / 36,725)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BB / Apr-15
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">$15,190<SUP style="FONT-size: 85%; vertical-align: text-top">9</SUP>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">BP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Arionas</B><BR>
(2006 / 36,725)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Nov-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,800</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Alkiviadis</B><BR>
(2006 / 36,721)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Jul-12
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">13,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50/50 For Breaching IWL
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">CMTC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Attikos</B><BR>
(2005 /12,000)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Voyage
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TRF</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Aristofanis</B><BR>
(2005 / 12,000)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Voyage
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TRF</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top" colspan="11"><DIV style="margin-left:0px; text-indent:-0px"><B>DRY BULK VESSEL</B></DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Cape Agamemnon</B><BR>
(2010 / 179,221)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">TC / Jun-20
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">$53,100<SUP style="FONT-size: 85%; vertical-align: text-top">10</SUP>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">COSCO Group</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>FOOTNOTES</B>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>1</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>TC: Time Charter, BB: Bareboat Charter, Voyage: Vessel is currently trading in the spot market.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>2</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>Latest redelivery date including charter duration extension options.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>3</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>BP: BP Shipping Limited. OSG: certain subsidiaries of Overseas Shipholding Group Inc. CMTC:
Capital Maritime &#038; Trading Corp. (our Sponsor). PTRB: Petroleo Brasileiro S.A. (Petrobras).
ARR: Arrendadora Ocean Mexicana, S.A. de C.V. TRF: Trafigura. COSCO Group: Cosco Bulk Carrier
Co. Ltd.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>4</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>The M/T &#145;Alexander The Great&#146; will be earning for the first 12&nbsp;months of its time charter to
CMTC a gross daily charter rate of $28,000 per day plus 50/50 profit share on actual earnings
settled every 6&nbsp;months. CMTC has the option to extend the time charter employment for a second
year at $34,000 per day and for a third year at $38,000 per day with the same profit share
arrangements.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>5</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>The M/T &#145;Aias&#146; and &#145;Amoureux&#146; will be earning for the first 12&nbsp;months of their time charter to
CMTC a gross daily charter rate of $20,000 per day plus 50/50 profit share on actual earnings
settled every 6&nbsp;months. CMTC has the option to extend the time charter employment for a second
year at $24,000 per day and for a third year at $28,000 per day with the same profit share
arrangements.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">





<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>6</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>For the duration of the BC these vessels have been renamed: Overseas Serifos, Overseas Sifnos
and Overseas Kimolos. OSG has an option to purchase each vessel at the end of the eighth,
ninth or tenth year of its charter for $38.0&nbsp;million, $35.5&nbsp;million and $33.0&nbsp;million,
respectively, which option is exercisable six months before the date of completion of the
relevant year of the charter. The expiration date above may therefore change depending on
whether the charterer exercises its purchase option.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>7</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>For the duration of the TC these vessels have been renamed M/T El Pipila and M/T Insurgentes.
ARR has subsequently delivered these vessels to Petroleos Mexicanos (Pemex).</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>8</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>For the duration of the BC these vessels have been renamed British Ensign, British Envoy and
British Emissary, respectively.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>9</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>From March&nbsp;2012 the daily charter rate will be $13,500.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top"><B>10</B></SUP></TD>
    <TD>&nbsp;</TD>
    <TD>The gross charter rate is $53,100 per day until July&nbsp;2015 and from July&nbsp;2015 until the end of
the term $33,100 gross per day</TD>
</TR>

</TABLE>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>About Capital Product Partners L.P.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an
international owner of modern double-hull tankers. The Partnership currently owns 27 vessels,
including two VLCCs (Very Large Crude Carriers), four Suezmax crude oil tankers, 18 modern MR
tankers, two small product tankers and one capesize bulk carrier. Most of its vessels are under
medium- to long-term charters to BP Shipping Limited, Overseas Shipholding Group, Petrobras,
Arrendadora Ocean Mexicana, S.A. de C.V., Cosco Bulk Carrier Co. Ltd and Capital Maritime &#038; Trading
Corp.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information about the Partnership, please visit our website: www.capitalpplp.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Forward-Looking Statements</B>:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The statements in this press release that are not historical facts, including our expectations
regarding the employment dates, delivery dates, charter duration and gross daily charter rates for
our vessels, timing during which we will charter our remaining two crude carrier vessels, expected
fleet coverage for 2012 and remaining average charter duration as well as our expectations
regarding the result of the profit share arrangements we have entered into and expectations
regarding our quarterly distributions, may be forward-looking statements (as such term is defined
in Section&nbsp;21E of the Securities Exchange Act of 1934, as amended). These forward-looking
statements involve risks and uncertainties that could cause the stated or forecasted results to be
materially different from those anticipated. Unless required by law, we expressly disclaim any
obligation to update or revise any of these forward-looking statements, whether because of future
events, new information, a change in our views or expectations, to conform them to actual results
or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking
statements. We make no prediction or statement about the performance of our common units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CPLP-F
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Contact Details:<br>
<B>Capital GP L.L.C.</B><br>
Ioannis Lazaridis, CEO and CFO<br>
&#043;30 (210)&nbsp;4584 950 <br>
E-mail: <u>i.lazaridis@capitalpplp.com</u><br>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Investor
Relations / Media</B><br>
Matthew Abenante<br>
Capital Link, Inc. (New York)<br>
Tel. &#043;1-212-661-7566<br>
E-mail: <u>cplp@capitallink.com</u></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Capital Maritime &#038; Trading Corp.</B><BR>
Jerry Kalogiratos, Finance Director<BR>
&#043;30 (210)&nbsp;4584 950<BR>
<u>j.kalogiratos@capitalpplp.com</u>

</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>u93152u9315200.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u93152u9315200.gif
M1TE&.#EAR0!'`'```"'Y!`$``(``+`````#)`$<`A____P```/?DS>[0H^C!
MA^_+B/?>B^6WB-RA:/OTY^&Q:]V,*-=[`-Z%`-Z+`.&4`..<`.:E`>^L`?.[
M"_;%"^:N`=:$`,]S`+I;`(XN`'D>`+:QM=OG]^OP^?7X_>6P;]^7*.:I+>RU
M+/#`,/?++-:"*(0F`*6$A+'1_,76[M^K1=V:-9A!`&L^0&B?ZJ_#Y]5S`.ZU
M`.^]`/?%`,QF`'LH`%:1XYBSX-B93_>\`'$N'$]_RHBJW='>\:M,`5!MJ'2H
M[EE7>KK.Z^&V5-V1&N6G%:2^YLJ2%\Z!`-JH,\R9,\N<0_+&(/O8+OS2&>2Z
M/=.G1\.,+[R$+L&1/K^#'+!W+]>T;?_Y@-^Z2NO)0/?4/;)T'__W<N;`;;=O
M`/__F?[O7M:8`N[78,Z,`/_7`//6;_O>5\%]`__J;__@/_SF7DIZP?_[K>VW
M&M2,`-RG4__,`/_C2=66&HX[`,5O`,R9`+MC`'\R`'LV'(A&'&2/T!)1MSEO
MQ!U<NW::UBUEOP``````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M``````````````````````````````````````````````C_``$('$BPH,&#
M"!,J7,BPH<.'$"-*G*@0$,6+&#-JW,BQ(T.+'D.*'$FR)$20)E.J7,E2(LJ6
M,&/*3/ERILV;.%T^%#!@`(&?!7X2"`I4*-&A1I,"+<"TJ=.G4`L8F$JUJM6K
M6+-JI1JUJU.D1<."_7F`K%D"9=&>34L``8($.ALF*(!@`8.[>//JW8NW@5\&
M?AL`#AP8PH/##R`H5BQ!PH/&D"'GD#$A1X[*E>%0T`QGAI,<G#V#WBR:LF7,
MDRLWKB"A`H3&B14CGDTX\`6_M\?LI<&;QH7>O'\#%]X;@PD-&SAX..E0P(<"
M5A9(GTZ]NO7K"T!HW\Z]>XCOX,./_V@38GSY$>C3CR#!OCT))N[?QX?O7GUZ
M\N;)DP_//T3W_R!@)UT)"Q`X8('3$6B@=,9I<`(*0G3P4$T)#:#"!P2L(."&
MV`'H87_]F3?">?:A%]^)**)88GKGE0?BBQX&&"!V)=1HXXTXUIB!!AJTX,(+
M$CI$(4(9NN7;D;\EB>22O\'@Y)-.\H77&+75=E@#%2#FF`2O12:!#%^&*<.8
M,LP@`QQEGCDFFFB2.::87U:0Y9R.+3;;E0T\$!B58U!Y`95Z^7;!H$<"9^BA
M.YK0@@TW<#"A0Q_@8*2@@U9JZ:66"DH#`T]RZJF45@9V9Y8/9.EE8V"2.=FJ
M,\S`IIIH6O_FYIM@1F9JJ8_=>:6>>3:@&V!^,G`!7I@2>NBQO+&@@0EXK,%#
M#\LU-*1!"2"`0Q<J4%KLMMO2$*6W,`PKY6"][CH;J7(^9FNJC5EF6:MJMMKJ
M9&W.^B6[<N:+KJ[E[LF`;H#N52RRAE[@PQT\_N!""M%^U)``..#PP0+<8GKL
MP)5"R1>?>_JE*Z[IGIJJ#.[2"RNL9M9+9FLCMX:KR[C>*2J?P-:<U[`#$QP<
M!AH@'(0+$0KY,`YO3%SQI0T0H;32#/0V\+=-1TW$7>+>5B5AYI):*JI<ETSR
MR6RN^N:]7K(6\]DR'U8$8?\V<!O5F09GK,Z\F6!W$#88$:3##%G_.(051XSQ
MY^""%T[$=TDHH;CB2ZB@0@@-:)NII0RLH((220AVL\<AM#'>>B:2D%X33(!9
MP<CL-:&ZZDZ0+*^9J\>^.GSTT0?ZG*7FB=@34"@1P@,T\ZD;B&-H2S<-.V:P
M:*-",T2`"ET@4#CAA8.@PA)24#$%%$,,\4021QQ!!15)$''TL"I4<8855Q2Q
M%Y4@3(&]%/37;[\24V"1!06HKB"_%%$`H!2PX(16L2D+5:!?`.W'P`8N@02.
M.8S65+`%*B"`"Q5PFV#\U`#\34$.]:,"%HI`J>.Q`&$Z<%8/FK<0!$!O"(0C
M7`A4(`4O2*$,;/@"%\#`0QYFH0X/$(,6_\X7OS&088>1VTL#0""&*TRA#FDJ
M0QG08(8L%$%.7J@"%)H`IA&(@0M2&`.:)("&-'PM!TY8P@72(`8T3+$,8CC#
MF&;01C'8,0LDD!,8F("V-DS!B#P$GJ^`Y2LF<D$)8BP3&H88-X+YH&<:V($+
MH"4MAB2@>]@J7.'J\(0I;*$..+Q"$R8`O#Z-H0A9&`(5V-"$H]'@#5N``QS2
M``:WB8M8#2C""(9@1#*0X0I@(($6S"`&)4B`##+PPA2R@*HFE,$+</!E&<^4
M@QEH00H&8`,:P)"&;H)!"C(@`QS`<(4TQ*$)/!2#')*0AGT]``M;"*<,Q%`$
M*OE*@[<I0@C*L/^%&8B3AXUT)"05)H2&580A`E#!$+H`@A@>80A;\`(3V,"&
M=GIA>M-KPQNNT(:*T6`%5*B#.)V`!A+><G,J.((LX<`%$GAL`F*H0@5\.08"
M0B8+5%@I&N(`FC.UP0I?**";F`!.<9K!#+5J#`FR,`4PD!(Q18""%\0)!SP2
MAF/%NT`2BCI+,%B,8#P[SL^`5,F%^*T+@3-E$6#Y`"?DD`F:-"5&1P#7&"(-
M"E)@PDK!,()*;4HO#4CI2J]``EXUH`T0]6=5XW#3,[@*#F44&Q/,T#J2N8L$
M4IAI5Y/JF`ED(0TNRQ()II"$E;:!GAS[5]L8`((E/$"<3>#"`RY%MPS_W$%1
M>7,4WQ12`!4@0`RE/"4L9_J%+\A`KL@U)?6H1ZDD3&$`5#CF+,TP*&%%K2^"
ME>45F."QPS!A"II%9ZUP^E@JN@M-!@2-`4<K73.`@5UC4A?N*M#)`?13G)_U
MUR!U0P0HU$&63N!"$;Z*K$0M3[<+F19!K*"",KS!E'6`:#C!P`8G)/?"?8HA
M1B]`!"4@@`U+$"D<2$H$WD0)EU#(Z8@)V]T'M"'$(^7"!%B#P'".,PYD>EV\
MS)1&S::!"S.`DPS2E:X)*$$%(#8B'(I`SWL*#C=^@8)*9<F%CM*68,K20`J?
M95"$*'@@7?B;"DSYA$^2P:UIJ,.?,(SA"YQA_\/.-4`<5`!-68(A!()RTJ9@
M`!@I`WB[HGI`5$6<ABN04@)9B(*-W6M9E+W.,ZZ%+1<H`-_0XFH$4BA`,.\[
M@RPTH39]&J0*'&OG+'3K6(]$F,(HF>"%7'*A2>A3$98PU7&RX;ALSG6&"W<$
M);#O`2O@JCF%1:AO$6$)4W8"H,?`JQ%$&@X&X,)XN0H&,W@-7H].HXAC2RLQ
MR<DQ%<#"%+Y``3_V\K1K2VW;MOK8:N?L6':`Y,^$@."$?!D`"85UG^#YV(K6
M0=>YCF$25MG*^$G7";745I2.G6Q#6RU/8HCG+%FYM1$H6IQJ4,.LV)1M*+QV
MQ%QP`LM.%Z=\&1D!5__(4F+)T&DM7'60%P@!.&5)2VXA:UDFP)O>=HN0LP9N
MUDINPA?@"O"BAV`*5N`"!+QP;"7#00UM,-YOCOW?%7?4+ZBLP@6JRH;WX@JS
M9WJZ&JZ-;7DYP;\QKFRJ6-.:+(V@"G)^0!U&*U(RH#O4PP+4T2L@RR:@8;8$
M/M0<EG5@GA^DMUWH`O"VJEDSI+SH15?!*NLZAE$_U@QID-R@COV`/XLA"2'`
M`A0B&N"N1_`!,L"TC3,^,C)UYG5G3S87F@"9UK=&`N(.*F+@N=(GN-1C^.1\
MC`=\:D,IRP0ZV`&76ZT0;%F!EY6G0MC1@(9_0Q[#:FZ#%`@@V\$Q7I8D2#C_
MIJB^TOJ!D`I/X$)Q02O!PX#]GTC=>)E@CP45LY2+IR.Y_IE`!?;)X-)/Y$NG
M-0'VI"=4TE]'0%555GS#\4@[HC`,PWP(\6IB,&9UX&>R1$7!=7W)=01XQ09F
M`'K^D04/1E5\I7G"!P=-<`741WU7<`6S)P.ZTWZJ)TN,-BOS1W]3!EE<M#*<
ME05;8`!H\#DAD`564&=P@`4NURL<DU(FV%<V-QP\HVH+4V\'\64"T#U6D`07
M\``PEH%FP(%LA@524`=*`$!10`5G:&8VV`0HN`3210)7H`5M4(=79%CMYWY1
MT%[O52M?\VBN4G\ZU8-K%R<R(%5%P$!J"$WB!%,3_[!?&R1Y>\5(#.@;&+`C
M&C!6>^-E"G%61#`&1_!LXQ2&8IA<LT8%:&!'JJB*21!VZ!0YET($F05;5_``
MUB4L@888;B=L?8B#.>@JY)6!O=AM,H!90P!'JZB*1!!.,X`%P"4\@B%SH-%5
MKF0HMH5;1F"%!O%E%F(%"'`$7?B%7:5FI2A7958`%:4%:?!96M`$9@`%3B<&
M41>+X$6+[G,76#.#B(%ITI4&:-!MLO)Z!A2,XR0&;A(G7U)F+VA.YA0'<4!+
M?^1+\T2`;4,E,F=C_@AX[P8<Q]<":W`#*W10"?$\']`%:X9LO@0')%!]<26&
M13`%4L`&%#`]A#-J*Q4'E/]8*0L`7K*D!>WS5^2BCW,2`A<'!V8@;5S3:.C5
M*EE`:D8YC"/S8C%)>X=Q>N%V7TEH!GX!,`SPDA\78,17B1>@+!F00I/4906A
M8-7B6V]P!A>58F'W="/@!1IV?646;<%E?8*3!%5@8^$'BX02/YJE!;*U.;VB
MCRXF;/^8E#GV.EK0ES8(!F9")JQ1C")T!3-0*D2F)R,0@&@B!H_X-F-`=3%F
M95$8'*FF`3\`!"^`E@2AEF_P!E:P`A?@!32P5=(%!R-`BH/S9AB6!$E03WUR
M=)/'9G+PA3)P9]H"`C,W2X69%X%1!XC)C^+T8Q.`*CCHF,U)2[XH`UA@!]0W
M9+G_DH>\)TM88`:"I!L-`(\FF).!YQOQYC,_XIH#H6`"``6RN0!V4)L>B(02
M,`0C0`-T29/(U4EET`9]4@?P]`4IMV871D$W&0>78G#5R042`)1!V6(-@&D^
MAI2U=R]SU"I-L)U`9B],@&Q?P'YS@BX;.@6OA4SR""A4(HDTYU6G5B/$D2@Z
M%Y*<V'.6@P!44)L78`?.U4MD\%`D,`9V<%%KQJ2<A#V/-P9M4`5'P`9)FFM;
MY9?B-RC,B9%<X#:&J2=WHGUA9YU"MBI+V013$':$.9ENT@1;T`85QAHAHXOO
M%$NRM)M;^2^2IUBQ]0":-R@T-`03T!MS@#"%9V\CN0)N_U&;OD&73U"&T00'
M7K`$6?")9^"6%W4$2:!*=O!%P!-A=E`&4=IFSJ59XS2/@Q)L9?J<5",J&MJ9
M'>J'82(KKZ.FX35I.#@$7@`&TC9?N',8?B1B\T0"JW61XC1/3?`?*[`"4%`%
M5'`%`9HLRY)\R]>C!Q$I"/`&^TF7=K"D(R!E-N8%5``%CJ,"6.`X2T`%7G`$
M9L`&<3"<6R`'%05P_86$66!JE<*J-/=W&)J/L]&9'Q=;UPE?EM53,Z"FG:<9
M(3<K%/!'P-1VMY*'#P!1*Q4"Z'E/1_=Q<#`&4S`%BD,%(70&<_>3O'$P/;-J
M]`D`TY(`;X`#5K`$WSJS,YL$6/^`!23@!,@T!N.3AE-0`DHP!&CP!155`7VB
M."]HM`"7!$O`3?X(!EEU`0M@J=T$3)J#BP_';#,X:UGPD&@@8X8H)K/B!$J`
M!0])3FXZ)M\E!C(9&9J9+KCR8I_ED&A`@&YS;&8;!V:@!4_P!/F:KUK@:>;$
M!;78&_&9B4"CC?6)$!`C,0N``31+LUJ5!6+00Y9+3C"X1TK;)^ZZ1WK)9G]"
M`AD'!FK`!$U3*6W`0VI@!A-07=!I)8B1NCTD<DD)HK_(!);;!&D[)EK`33/`
M=IH9,UKC1:3+3<#3-D7@7NY5;9=;N3SD7DQ`'#3`(W>`-V2%K04Q`$L@*50`
MN9$;N5+_.P)_Z[<C,`%%8'T.6HZ"LV:`.3G"@J&`\7#E@AA8HBZ1,62U.AF`
M"(B^R':K02?\LBNUH5K!LK[K2S7$ABB$EUN*>A#:VZ@^8`<8,,'>^[W>.Z1#
MNI]V(#B?6XIKYE&]\2D(3"[`<RZS<;^T<K#[JV-N4IEK=ROS1;^'*:9/]BMP
MLY'&AT(JU,`&<0"2@@,4',05C`%TZ:U":IN[EK[EJ&$5HS&O.\.C\FUE`R:V
MNL+P@H-P(K%P^S']LI4:M%HWPX`.J`%KL##T.2W68BU"+,3?>L%&3)?4H[YR
M95=-?&)]@35VBCLH+";N8L57O#+YMW8@,\BT,<.#=$^W<5*G_TD#CY2R0,/#
M!)$`$8,`*T#!-&LHW5HIN]:2#5`'0/3)<O?)HOS);#9(UG52^'@U)ER57O(U
M<U0F*Q7+LCS+\Q<K!\E9*TK(_`)\5Z,7%J,!.S)6BLNR!]&X..`#R)S,RKS,
MR1S$$DRS7N`%WQK-U#S-TBS-2QK-T[RD;2S!:_S-%3S-M6F;2UJ;&V9*OD(E
MH.S)H>S)[OS.[=S!Y^P%FCJDUSS.`BJ@WQNYX!S$/G`<RL/`5^C`C,PC!GW0
M"$V]"6W0=]#0#NW0/?/0$CW1$YW0")/0QW$<%'T'<S`'&9`!'AW2(?W1+%#2
M+)`!)8W2)[W2*-W2*?W2'QW3'@W2'__=T3;MT1N=TPV]T!8-28FZC0>!`\?!
MTT2]TT:-,#J=U!*-<SAWC=<(S%"=/,L2TU1=U3<]!R:=U5J]U2S@`R;MU5RM
MU5A]U39=U1]M`F8=T\NRUG:3/+?EUFB-<W9C`F7,HVEY$%N`!SJPUWS=UW[]
MUWRMUW@PV(1=V(9]V(B=V(J]V(6=!X[]V)`=V9(]V91=V9;-V)A]V'ZMUX&]
M:INXN-2"`C>@!VM0VJ9]VJB]`ZF]!JK-!Z;MVJ4-VVL@V[2-VJ:MVK9=VJJ-
MV[C-VKFMV[=]V["]`[+]V\9]VKP=W,"]W,=MV[W=W,;]+(H[+1T@VD``!"Z`
MW=J=W=R]W=[_G=W7K=W7#=[B7=[D[=WC_=WIW=WDW=[IC=W@?=[O+=[R'=[V
M?=_W7=_JS=[A'=_J;=_\[=_=C=T\8`1V_9H(T0$<T`,]D`(,[N`-_N`2[N`4
M'N$I4.$8;N$:CN$9#N$>'N$;'N(5ON$4?N$=3N(-7N(ICN(7GN(FWN(G'N,:
MON(?#N(CGN$]T`&?+1`*Y@$^_N-`'N1"/N1$7N1&?N1(GN1*ON1,WN1.?N20
MG!-2/N54SN-5?N58;A-#T@-"T.4(Y@%"<.'72Q`>D`(O8.`%T0,O8.8.3N9M
M+A`>8(4<(`0OL.8#H>9B_@+#;.9T;H5O+A`<\.(&I>9K7N<\F@)"_T`0R@'G
M+T#G*0"2=R[FVI@"1F`$*TL0#7[I`,`!C6[G9540*;`'/'`#?6`$<,X#>R`$
M/-`']=8!+I"-0M`'/(#I?;`#*;#JICX0J!XM',`#>],#>O`L+\`#T5+@J#[L
M+W`09;X'-W`#?)#L`.#CHD[F.]`'*:`'.]`P1L`#+[`'1G`#LRX01C#MT?XL
M`Z$'>[#FS3X0W=[LSSX0'L`#/'#KP^SFS*X0/LX'S[X#V6YX`]$'B;[J`Y$"
M?2`0?^`'!*%\`\$!J4X0[PX`W7[H!0_H-Q`D/6#M"4'P"^$!K`X`I#WP?:`'
M!>$'(N\!>W#@'-]E'N`"?7`#T0[I`I$"?_]P$!S0\7[`!W?>\0_A`7\`[0JQ
M`R+/\`<^T`=1ZAR@\#'_!PMNZPO?!W;-[PX?[@#P!RX`\KQ>\0)Q\PI!\/4>
M[=9^]"[_\AQOUWZ0[4:P`W+N]`7!Z0QOZN8>\WW0Z&A/$%\?[/".ZG[0]63.
M![FN$-@>[_TN@07Q!SP@!'8=ZS>P!_76`XI/$'H@\@/!!V$/`#N`\`(1ZPM/
M[`+!V@J!^0I1\S?P`CSZ`GK`^%+O\96/\P91\Y_-`2XO!"</\P!@!$K?`4$C
M$!W0\G%O$$*P`WN0`@W!`7S/$'ZP!G6NZ59>](E>$$(P\]A>$.0N$'RP_-(?
M]F,_\'O`ZYH/`*C_OHD&1?`[/OAV'>_08@1]T#`D#P"R;A"Y+^=AW^U^L#?-
MCQ#G_P(3;Q`\L`8-P?,^GQ"/SQP``4#@0`!]A!`4^&*/P#Y^""I\T8$##QX(
M^^CA(&1'Q8$=^&#LP>.@0`]KUJ3H$++'PST>$"+DL&?E0!XO!NZY,5#/&@`Q
M1PZ,.1,H1P`W6@XT(C.%D)P"@P(PZ1)`2`\]_!AYF95#PQXI>,RD.G#'#H(B
MLPX$=-:(4*!-.S0=&/+&BY\#4\Q=^W(BCQMU`7BXP;>F5*<O")^]T8$@2KL_
M>XP48I.@!R.*)[/M81G`6R,WYA),+##T9HI]SV9],=>SY;`"A=0U>SKM4FG:
MISL<KHWP]ED/N'/_!AY<>.[=PXWGGGU<^7+FS9T_AVX\>73JU:U?QZY\>G;N
EW;U_7[X=_'CRY;\#0I]>_7KV[=V_AQ]?_GSZ]>W?QY]??D``.S\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
