Thesepayments will be made from the operating surplus

Under the partnership agreement thesubordination period would have ended in 26 months, in March 2011, if thePartnership had earned and paid at least $0.375 on each outstanding unit andcorresponding distribution on the general partners' 2.0 for any threeconsecutive four-quarter periods Upon such conversion, Capital Maritime &Trading Corp. Following termination of the subordinationperiod a majority of common units (or in certain cases a higher percentage), ofwhich Capital Maritime will own 44.6, will be required in order to amend theterms of the Partnership Agreement or to reach certain decision or actions,including: amendments to the definition of available cash, operatingsurplus, adjusted operating surplus; changes in the cash distribution policy of the Partnership; elimination of the obligation to pay the minimum quarterlydistribution; removal of any appointed director for cause; transfer of the general partner interest; transfer of the incentive distribution rights; the ability of the board to sell, exchange or otherwise disposeof all or substantially all of the assets of the Partnership; resolution of conflicts of interest; withdrawal of the general partner; removal of the general partner; dissolution of the partnership; change to the quorum requirements; approval of merger or consolidation; and any amendment to the partnership agreement.The Partnership anticipates that early termination of the subordination periodand the increase in Capital Maritime's voting control will result in moreflexibility for the Partnership to meet changing market conditions in thefuture.The payment of the exceptional distribution will, in accordance with the termsof the partnership agreement, also result in a distribution of $12.5 millionwith respect to incentive distribution rights held by Capital GP L.L.C, thePartnership's general partner. Following discussions with the Board ofDirectors, the general partner has agreed to defer receipt of a portion of theincentive distribution payment and will receive the $12.5 million of incentivepayments in four equal quarterly installments, with the first installment beingpaid this quarter. Payment of each deferred quarterly installment is subject tothe Partnership distributing at least the minimum quarterly distribution and anyarrearages of minimum quarterly distributions for the relevant quarter.

Thesepayments will be made from the operating surplus.The Board of Directors unanimously determined that taking into account thetotality of relationships between the parties involved, the payment of theexceptional distribution is fair and reasonable to the Partnership givingconsideration to the fact that it would result in the early termination of thesubordination period, in conversion of Capital Maritime's subordinated unitsinto common units and in substantial voting control for Capital Maritime.Additional details will be provided in the Partnership's fourth quarterfinancial results scheduled to be released on January 30, 2009.About Capital Product Partners L.P.Capital Product Partners L.P. (Nasdaq:CPLP), a Marshall Islands master limitedpartnership, is an international owner of modern double-hull tankers CapitalProduct Partners L.P. owns 18 modern vessels, comprising 15 MR tankers, twosmall product tankers and one Suezmax crude oil tanker. The full text of our Partnership Agreement is attached toour Registration Statement on Form F-1.Forward-Looking StatementsThe statements in this press release that are not historical facts, includingstatements relating to the future levels of distributions to be paid by thePartnership, future levels of profit-sharing revenues, future cash distributionpolicy, anticipated required levels of reserves and anticipated purchases ofvessels and possible effects of the early termination of the subordination, maybe forward-looking statements (as such term is defined in Section 21E of theSecurities Exchange Act of 1934, as amended). These forward-looking statementsinvolve risks and uncertainties that could cause the stated or forecastedresults to be materially different from those anticipated. Unless required bylaw, we expressly disclaim any obligation to update or revise any of theseforward-looking statements, whether because of future events, new information, achange in our views or expectations, to conform them to actual results orotherwise.

We assume no responsibility for the accuracy and completeness of theforward-looking statements. We make no prediction or statement about theperformance of our common units.CPLP-F-0-CONTACT:Capital GP L.L.C.Ioannis Lazaridis, CEO and CFO30 (210) 4584 Capital Maritime & Trading Corp.Jerry Kalogiratos30 (210) 4584 . ) Welcome to the Week 2 edition of the Cubicle GM NFL Power Rankings. Every Tuesday you can look forward to our composite rankings, as well as a bit of brief insight and analysis about each of the 32 teams.The rankings are determined by simply taking the average of each of the contributors here at The Cube. For Week 2, we have a full complement of rankings from the entire Cubicle GM team, including me, Gideon, Mickey, Joey, Walker and the addition of Smokey to the mix.Each contributor has their own methodology to the rankings, as you can see in greater detail in the backup data here. It’s clear that some of us are skeptical of a few of the 2-0 teams, and that a team’s record isn’t necessarily indicative of their rank.As such, teams like Miami and Carolina moved up despite losses to good teams, while teams like Denver, Buffalo, and Washington dropped in the ranks even though they won.For those of you who feel strongly about a certain contributor's ranking, we’ve added a new feature on the site, and you’ll now be able to track the individual standings of each of the contributors. Using a simple system where the road team is given a three-spot cushion, each week we will see who did the best job of ranking by looking at how many times the higher ranked team won the matchup.