TEN to Announce First Quarter Results

Tsakos Energy Navigation Ltd. (TEN) will report earnings for the first quarter of 2008 prior to the open of the market on Wednesday, May 21, 2008.
That same morning, at 10:00 a.m. Eastern Time, TEN will also host a conference call to review the results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond what is included in the earnings press release.
To participate in the call from the United States or Canada, please dial +1.888.694.4702 approximately five minutes prior to the starting time. To participate in the call outside the United States or Canada, please dial +1.973.582.2741 five minutes prior to the starting time. The Conference ID is 46930481.
Two hours after the completion of the conference call, a digital recording of the call will be available for seven days, and can be accessed by dialing +1.800.642.1687 from inside the United States or Canada and +1.706.645.9291 from outside the United States or Canada and entering the Conference ID 46930481.

The call, which will be simultaneously broadcast live over the Internet, can be accessed

at: http://www.videonewswire.com/event.asp?id=48524. The online archive of the

broadcast will be available within one hour of the live call at the same web address.

Concurrent with the live broadcast, the Company will post a supplemental slide

presentation providing details related to fleet composition and deployment and other

related company information. This presentation will be available on the Company's

corporate website reception page at www.tenn.gr.