Navios Maritime Acquisition Corp (NNA) announced today that the special meeting for voting of the proposed 13 tanker ships acquisition by Navios Acquisition will take place on Tuesday, May 25, 2010 at 10:00 a.m., Eastern Standard Time, at the offices of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., The Chrysler Center, 666 Third Avenue, New York, New York 10017.

Accordingly, Navios Acquisition’s board of directors have set the record date to April 30, 2010. This record date determines which stockholders are entitled to receive notice of, and, to vote at, this special meeting. To become an owner of record, purchases of shares must be executed by the close of trading on Tuesday, April 27, 2010, assuming a three business day settlement period following the trade date.

This press release is not a solicitation to vote and further information about the ship acquisition and related information can be found in Navios Acquisition’s filings with the Securities and Exchange Commission, including a Preliminary Proxy regarding the vessel acquisition under cover of a Report on Form 6-K filed on April 8, 2010 and Definitive Proxy to be filed following the record date of April 30, 2010.