Ultrapetrol (Bahamas) Limited Announces Release Date for Fourth Quarter 2009 Financial Results and Hosting of Conference Call


NASSAU, Bahamas, March 25, 2010 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR) announced today that it will release its fourth quarter 2009 financial results on Tuesday, March 30, 2010, after the close of stock market trading. Ultrapetrol will host a related conference call on Wednesday, March 31, 2010, at 10:00 a.m. Eastern Time, accessible via telephone and Internet with an accompanying slide presentation.

On the call, Felipe Menendez Ross, President and Chief Executive Officer, and Leonard Hoskinson, Chief Financial Officer, will discuss Ultrapetrol's results and the outlook for its three businesses. There also will be a question and answer session. The call is expected to last approximately one hour, and an audio webcast and slide presentation will be available on the Investor Relations section of Ultrapetrol's Web site at www.ultrapetrol.net.

Investors and analysts may participate in the live conference call by dialing 888-946-9415 (toll-free U.S.) or 212-287-1628 (outside of the U.S.); passcode: ULTR. Please register at least 10 minutes before the conference call begins. A replay of the call will be available for one week via telephone starting approximately one hour after the call ends. The replay can be accessed at 866-501-7038 (toll-free U.S.) or 203-369-1841 (outside of the U.S.) passcode: 3003. The webcast and presentation will be archived on Ultrapetrol's Web site for 30 days after the call.

About Ultrapetrol

Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses. It serves the shipping markets for grain, vegetable oils, minerals, crude oil, petroleum and refined petroleum products, as well as the offshore oil platform supply market with its extensive and diverse fleet of vessels. These include river barges and push boats, platform supply vessels, tankers and Capesize bulk vessels. More information about the Company can be found at www.ultrapetrol.net.

The Ultrapetrol (Bahamas) Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3164

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