SOURCE: Navios Maritime Holdings Inc.

Navios Maritime Holdings Inc.

April 11, 2011 09:18 ET

Navios Maritime Holdings Inc. Announces Availability of Its Form 20-F for the Year Ended December 31, 2010

PIRAEUS, GREECE--(Marketwire - Apr 11, 2011) - Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM), a large, global, vertically integrated seaborne shipping and logistics company, announced today that its Annual Report on Form 20-F for the year ended December 31, 2010 has been filed with the SEC and can be accessed on Navios Holdings' website www.navios.com under the "Investors" section. Alternatively, shareholders may request a hard copy of the complete audited financial statements, free of charge, by contacting Navios Holdings at:

Navios Maritime Holdings Inc.
Attn: 20-F Request
85, Akti Miaouli Street
Piraeus 185 38 Greece
Tel: +1.212.906.8643
Email: investors@navios.com

About Navios Maritime Holdings Inc.
Navios Maritime Holdings Inc. (NYSE: NM) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. For more information about Navios Holdings please visit our website: www.navios.com.

Forward Looking Statements -- Safe Harbor
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and Navios Holdings' subsidiaries. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding completion of the offering. Although Navios Holdings believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Holdings, including market conditions. Actual results may differ materially from those expressed or implied by such forward-looking statements. Navios Holdings expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Holdings' expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

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