Annual Reports

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Form 20-F for the Fiscal Year Ended December 31, 2009

Posted on Wednesday, April 14 2010
A hard copy of the Company's current Annual Report on Form 20-F, including the annual audited financial statements included therein, shall be made available to shareholders, free of charge and upon written request by contacting Paragon Shipping Inc, using the following contact details:

Paragon Shipping Inc.
Attn: Corporate Secretary
15 Karamanli Avenue
GR 166 73
Voula, Greece

Tel. (+30) 210 8914600
E-mail: m.stefanou@paragonshipping.gr

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