Costamare Announces 2011 Annual Meeting of Stockholders

ATHENS, GREECE--(Marketwire - Sep 1, 2011) - Costamare Inc. (the "Company") (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its Board of Directors has called an annual meeting of the stockholders to be held in Athens, Greece on Tuesday, October 25, 2011.

Stockholders of record at the close of business on Monday, September 12, 2011 will be entitled to receive notice of, and to vote at, the annual meeting and at any adjournments or postponements thereof. (Note that this is a change from the previously announced record date of September 9, 2011).

Formal notice of the meeting and the Company's proxy statement will be sent to stockholders of the Company in due course.

About Costamare Inc.

Costamare Inc., which has 36 years of experience in the international shipping industry, is one of the world's leading owners and providers of containerships for charter. The Company currently has a fleet of 59 containerships, including 10 newbuilds on order, with a total capacity of approximately 325,000 TEU. The Company's common shares trade on The New York Stock Exchange under the symbol "CMRE."

Forward-Looking Statement

This press release contains "forward-looking statements." In some cases, you can identify these statements by forward-looking words such as "believe," "intend," "anticipate," "estimate," "project," "forecast," "plan," "potential," "may," "should," "could" and "expect" and similar expressions. These statements are not historical facts but instead represent only Costamare's belief regarding future results, many of which, by their nature, are inherently uncertain and outside of Costamare's control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in Costamare Inc.'s Annual Report on Form 20-F (File No. 001-34934) under the caption "Risk Factors."