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TOP Tankers Announces Date of 1Q Results Release

Maritime Activity Reports, Inc.

May 11, 2007

TOP Tankers Inc announced plans to release its first quarter 2007 results on Thursday, May 17, before market opening. That same day, at 11:00 AM EDT, management will host a conference call, which will be broadcast live over the Internet. Those interested in listening to the live webcast may do so by going to the Company's website at http://www.toptankers.com, or by going to http://www.investorcalendar.com. Participants should dial into the call 10-15 minutes before the scheduled time using the following numbers: 877 407 8035 (from the US and Canada) or +1 201 689 8035 (from outside the US and Canada). A live webcast of the conference call will also be accessible via the Internet at http://www.toptankers.com, or by going to http://www.investorcalendar.com.

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