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Tsakos Energy Navigation Announces First Quarter 2010 Financial Results Conference Call And Webcast

ATHENS, Greece, May 5, 2010 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Ltd. ("TEN" or "the Company") (NYSE:TNP) will report earnings for the first quarter of 2010 prior to the open of the market on Tuesday, May 18, 2010.

That same morning, at 10:00 a.m. Eastern Time, TEN will also host a conference call to review the results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond what is included in the earnings press release.

To participate in the call from the United States or Canada, please dial +1.888.694.4702 approximately five minutes prior to the starting time. To participate in the call outside the United States or Canada, please dial +1.973.582.2741 five minutes prior to the starting time. The Conference ID is 7322 9902.

Two hours after the completion of the conference call, a digital recording of the call will be available for seven days, and can be accessed by dialing +1.800.642.1687 from inside the United States or Canada and +1.706.645.9291 from outside the United States or Canada and entering the Conference ID 7322 9902.

The call, which will be simultaneously broadcast live over the Internet, can be accessed at: http://www.videonewswire.com/event.asp?id=69015 . The online archive of the broadcast will be available within one hour of the live call at the same web address.

Concurrent with the live broadcast, the Company will post a supplemental slide presentation providing details related to fleet composition and deployment and other related company information. This presentation will be available on the Company's corporate website reception page at www.tenn.gr .

ABOUT TSAKOS ENERGY NAVIGATION

TEN's pro forma fleet consists of 48 vessels of 5.2 million dwt. TEN's operational fleet consists of 45 vessels all of double-hull design. TEN's newbuilding program includes one DNA-aframax crude carrier and two suezmax tankers totalling about 421,000 dwt.

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