Navios Corporation President to Appear on CNBC's Squawk Box

Navios Corporation President to Appear on CNBC's Squawk Box

PIRAEUS, Greece, Dec. 18 /PRNewswire-FirstCall/ -- Navios Maritime Holdings Inc. ("Navios") (NYSE:NM) announced today that Mr. Ted Petrone, President of Navios Corporation is scheduled to appear on CNBC's "Squawk Box" tomorrow morning, Wednesday December 19, 2007 during the 6:00 AM hour to discuss Navios and the drybulk industry.

A clip of Mr. Petrone's segment will appear on the Navios site (www.navios.com) within 48 hours of appearance. Check with your cable or satellite provider for the CNBC channel in your area.

About Navios Maritime Holdings Inc.

Navios is a large, global, vertically integrated seaborne shipping company transporting a wide range of drybulk commodities including iron ore, coal and grain. For over 50 years, Navios has worked with raw materials producers, agricultural traders and exporters, industrial end-users, ship owners, and charterers. Navios also owns and operates a port/storage facility in Uruguay and has in-house technical ship management expertise. Navios maintains offices in Piraeus, Greece; South Norwalk, Connecticut; Montevideo, Uruguay and Antwerp, Belgium.

Navios's stock is listed on the NYSE where its Common Shares and Warrants trade under the symbols "NM" and "NM WS," respectively.

Risks and uncertainties are described in reports filed by Navios Maritime Holdings Inc. with the United States Securities and Exchange Commission.

Safe Harbor

This press release may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Navios Maritime Holdings Inc. (Navios). Forward looking statements are statements that are not historical facts. Such forward looking statements, based upon the current beliefs and expectations of Navios' management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The information set forth herein should be read in light of such risks. Navios does not assume any obligation to update the information contained in this press release.

   Contacts   Public & Investor Relations Contact:   Navios Maritime Holdings Inc.   Investor Relations   +1.212.279.8820   investors@navios.com  

Source: Navios Maritime Holdings Inc.

CONTACT: Navios Maritime Holdings Inc., Investor Relations,
+1-212-279-8820, or investors@navios.com

Web site: http://www.navios.com/

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