Scrip Dividend Election Results

Goldenport Holdings Inc.

Athens, 21 April 2011

Scrip Dividend Election Results

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 that as at 3.00 p.m. (London time) on 15 April 2011, being the latest time and date for shareholders of the Company to elect the scrip dividend alternative to the final cash dividend for the financial year ending 31 December 2010, shareholders representing 187,848 (or 0.21%) out of 91,170,473 shares (being the total number of shares of common stock of USD 0.01 each in issue on the final dividend record date of 11 March 2011) elected to receive the scrip dividend alternative instead of the final cash dividend of 3.6 pence per share for the financial year ending 31 December 2010.

Subject to the dividend being approved at the AGM to be held on 11 May 2011, Goldenport will apply to the UK Listing Authority and the London Stock Exchange for 6,116 new shares of common stock of USD 0.01 each to be admitted to trading, such shares to rank equally with the existing issued shares in the capital of the Company of 91,282,438 shares. Dealings in the 6,116 new shares of common stock of USD 0.01 each are expected to commence on and CREST member accounts are expected to be credited on 16 May 2011. Immediately following admission, the total number of shares in issue will be 91,288,554.

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Goldenport Holdings Inc.:

Christos Varsos, Chief Financial Officer +30 210 8910500

Eleftheria Savvidaki, Company Secretary +30 210 8910500

Investor Relations Coordinators:

Capital Link:

Annie Evangeli - 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 a fleet of twenty-six container and dry bulk vessels that transport cargo worldwide. The fleet consists of twelve container vessels (including one new-build vessel with delivery scheduled for 2011) and fourteen dry bulk carriers (including three new-build vessels with delivery scheduled for 2011). Goldenport is listed on the London Stock Exchange under the ticker GPRT.

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