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PARAGON SHIPPING INC. MANAGEMENT TO PRESENT AT TRADEWINDS OSLO SHIPPING FORUM AND MORGAN STANLEY COMMODITIES & SHIPPING CONFERENCE

Posted on Monday, June 8 2009
ATHENS, Greece, June 5, 2009 - Paragon Shipping Inc. (Nasdaq: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that Michael Bodouroglou, its Chairman and Chief Executive Officer, will be speaking at the TradeWinds Oslo Shipping Forum on Wednesday, June 10, 2009 at 10:45 A.M. Norwegian Time at the Grand Hotel, Oslo.  
A related slide presentation will be posted on the Paragon Shipping website at www.paragonship.com on the day of the event.  
Additionally, Christopher Thomas, its Chief Financial Officer, will be presenting at the Morgan Stanley Commodities & Shipping Conference in New York City on Tuesday, June 9, 2009 at 2:00 P.M. Eastern Time.
A live audio webcast and accompanying slide presentation will be available on the Company's website at www.paragonship.com. Please allow 15 minutes prior to the presentation to visit the site and download and install any necessary audio software. The webcast will be archived on this site for 90 days.

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