Source: Eagle Bulk Shipping Inc.

Eagle Bulk Shipping Inc. to Present at the 2009 FBR Capital Markets Fall Investor Conference

NEW YORK, Nov. 27, 2009 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced today that the Company's Chief Financial Officer Alan S. Ginsberg will present at the 2009 FBR Capital Markets Fall Investor Conference on Wednesday, December 2nd, 2009, at 9:20 a.m. Eastern time.

The presentation will be broadcast live over the internet by accessing http://www.wsw.com/webcast/fbr23/egle/. In addition, the accompanying slide presentation will be available in the Investor Relations section of Eagle Bulk's website at www.eagleships.com.

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping, Inc., headquartered in New York City, is a leading global owner of Supramax dry bulk vessels, which are dry bulk vessels that range in size from 50,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

CONTACT:  Eagle Bulk Shipping Inc.
          Investor Contact
          Alan Ginsberg, Chief Financial Officer
          (212) 785-2500

          Perry Street Communications
          Media Contact
          Jonathan Morgan
          (212) 741-0014



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