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Excel Maritime to Release 4Q Results

Maritime Activity Reports, Inc.

March 6, 2008

Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, announced that on Monday, March 17, 2008, after the close of the market in New York it will release its results for the fourth quarter and year ended December 31, 2007, rather than the previously announced date of Wednesday, March 12, 2008. The company’s management will not host a conference call.

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