ATHENS, Greece, July 17, 2008 (PRIME NEWSWIRE) -- Capital Product Partners L.P. (NasdaqGM:CPLP - News) today announced that it will release financial results for the second quarter ended June 30, 2008, on Thursday, July 31, 2008, before the NASDAQ market open. Following the release of its results, Ioannis Lazaridis, Chief Executive Officer and Chief Financial Officer, will host an interactive conference call on Thursday, July 31, 2008 at 10:00 am Eastern Time (U.S.).

The public is invited to listen to the conference call by dialing 1-888-935-4577 (U.S. and Canada), or +1-718-354-1388 (international); reference number 9262240. Participants should dial in 10 minutes prior to the start of the call. The slide presentation accompanying the conference call will be available on the Partnership's website at http://www.capitalpplp.com. An audio webcast of the call will also be accessible on the website. The relevant links will be found in the Investor Relations section of the website.

A replay of the call will be available through midnight Eastern Time on Monday, August 2, 2008. The replay can be accessed by calling 1-866-883-4489 (U.S. and Canada) or +1-718-354-1112 (international). The access code for the replay is 9262240#. A replay of the webcast can also be accessed from the company's website and will be available for 30 days following the call.

About Capital Product Partners L.P.

Capital Product Partners L.P. (NasdaqGM:CPLP - News), a Marshall Islands master limited partnership, is an international owner of modern double-hull tankers. The Partnership owns 17 vessels, including 14 modern MR tankers, two small product tankers and one Suezmax crude oil tanker, and expects to take delivery of an additional product tanker from Capital Maritime & Trading Corp. in August. All 18 vessels are under medium- to long-term charters to BP Shipping Limited, Morgan Stanley Capital Group Inc., Overseas Shipholding Group, Shell International Trading & Shipping Company Ltd., and Trafigura Beheer B.V.

CPLP-F

         Capital GP L.L.C.
         Ioannis Lazaridis, Chief Executive Officer and
         Chief Financial Officer
         +30 (210) 4584 950
         i.lazaridis@capitalpplp.com

         Capital Maritime & Trading Corp.
         Merete Serck-Hanssen, SVP Finance
         +1 (203) 539-6273
         m.serckhanssen@capitalpplp.com