Acquisition of a Container Vessel

Goldenport Holdings Inc.

Athens, 28 August 2012

Acquisition of a Container Vessel

Goldenport Holdings Inc. ("Goldenport" or "the Company"), (LSE: GPRT) the international shipping company that owns and operates a fleet of container and dry bulk vessels announces today that it has agreed to acquire the sub-panamax container vessel 'Conti Seattle', with 28,366 MT deadweight and nominal intake of 2,100 TEU. The vessel was built in 1997 in South Korea and will be purchased from an unaffiliated third party, Conti Clarissa Schiffahrts- Gmbh & Co. KG MS "Conti Seattle" of Germany, for an aggregate purchase price of US$ 5.2 million. Initially, the acquisition is to be financed by cash reserves, but the Company is in advanced negotiations to secure bank finance of at least half of the vessel's value.

The vessel is expected to be delivered to the Company on 29 August 2012. The Company is currently seeking profitable employment for the acquired vessel and details will be released following the delivery of the vessel, through an upcoming trading update.

John Dragnis, Chief Executive Officer of Goldenport, commented: "Continuing our fleet renewal strategy, we are pleased to add a second-hand container vessel to our fleet at an attractive acquisition price. Following our recent profitable scrap related disposals, the Company is utilising part of the cash surplus generated by the sales to proceed with this acquisition. This will strengthen its position in the container market and enhance the potential returns we can achieve with our container fleet."

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For further information, please contact

Goldenport Holdings Inc.:

John Dragnis, Chief Executive Officer +30 210 8910500

Konstantinos Kampanaros, Interim Chief Financial Officer +30 210 8910500

Investor Relations Coordinators:

Capital Link:

Eleni Theodoropoulou - London +44 203 206 1320

Nicolas Bornozis - New York +1 212 661 7566

E-mail: [email protected]

[email protected]

Further Information:

Overview of Goldenport

Goldenport is an international shipping company that owns and operates (following the acquisition mentioned above) a fleet of twenty-four container and dry bulk vessels that transport cargo worldwide. The fleet consists of twelve container vessels and twelve dry bulk carriers. Goldenport is listed on the London Stock Exchange under the ticker GPRT.

Website: www.goldenportholdings.com or www.goldenport.biz