Euroseas Ltd. to Hold an Investor Day Luncheon in New York City on November 25, 2008

MAROUSSI, ATHENS, GREECE--(Marketwire - November 19, 2008) - Euroseas Ltd. (NASDAQ: ESEA) today announced that the Company Chairman and Chief Executive Officer, Aristides J. Pittas and the Chief Financial Officer, Dr. Anastasios Aslidis, will host an Investor Day Luncheon on Tuesday, November 25th, 2008 at 12:00 noon in New York City.

If you would like to attend this event, please contact the Company's investor relations advisor, Capital Link at 212-661-7566 or by e-mail at euroseas@capitallink.com. Registration closes on Monday, November 24, 2008 at 12:00 noon.

An audio replay of the event will be available on the Euroseas website www.euroseas.gr in the investor relations section under presentations the day following the event.

About Euroseas Ltd.

Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 136 years. Euroseas trades on the NASDAQ Global Select Market under the ticker ESEA.

Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2000 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.

The Company has a fleet of 16 vessels, including 3 Panamax drybulk carriers, 2 Handysize drybulk carriers, 3 Intermediate container ship, 5 Handysize container ships, 2 Feeder container ships and a multipurpose dry cargo vessel. Euroseas` 5 drybulk carriers have a total cargo capacity of 277,316 dwt, its 10 container ships have a cargo capacity of 17,877 teu and its 1 multipurpose vessel has a cargo capacity of 22,568 dwt or 950 teu.

Contact Information: Contact: Visit our website www.euroseas.gr Company Contact: Tasos Aslidis Chief Financial Officer Euroseas Ltd. 11 Canterbury Lane, Watchung, NJ 07069 Tel. (908) 301-9091 E-mail: aha@euroseas.gr Investor Relations / Financial Media: Nicolas Bornozis President Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, NY 10169 Tel. (212) 661-7566 E-mail: nbornozis@capitallink.com