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TOP Tankers to Hold Conference Call

Maritime Activity Reports, Inc.

July 28, 2006

TOP Tankers Inc. plans to release its second quarter 2006 results on August 3, before market. That same day, at 11:00 a.m. 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 www.toptankers.com, or by going to www.investorcalendar.com. Web participants are encouraged to go to either website at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. The online archive will be available shortly after the conclusion of the call and continue for seven days. The telephonic replay of the conference call will be available by dialing 877 660 6853 (from the US and Canada) or +1 201 612 7415 (from outside the US and Canada) and by entering account number 286 and conference ID number 209180. An online archive will also be available immediately following the call at the sites noted above. Both are available for one week, through August 10.

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