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STEALTHGAS INC. Announces New Charter Arrangements For Ten Vessels; Date For The Release Of Third Quarter And Nine Months 2010 Operating And Financial Results, Conference Call And Webcast; The Appointment Of Mr. John Kostoyannis To The Board Of Directors

ATHENS, Greece, Oct. 26, 2010 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (Nasdaq:GASS) (the "Company"), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its operating and financial results for the period ended September 30, 2010, on November 16, 2010, before the opening of the market in New York.

On November 16, 2010 at 11:00 am ET, the Company's management will host a conference call to discuss the results and the Company's operations and outlook.

Conference Call Details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1888 935 4577 (U.S. Toll Free Dial In) or 0800 028 1299 (UK Toll Free Dial In).

In case of any problems with the above numbers, please dial +1 212 444 0412 (U.S. Toll Dial In), or +44 (0)20 7806 1953 (Standard International Dial In). Please quote "8961364#".

A telephonic replay of the conference call will be available until November 23, 2010 by dialing 1866 932 5017 (U.S. Toll Free Dial In), 0800 358 7735 (UK Toll Free Dial In) or +44 (0)207 111 1244 (Standard International Dial In). Access Code: 8961364#

Slides and Audio Webcast:

There will also be a live-and then archived webcast of the conference call, through the STEALTHGAS INC. website ( www.stealthgas.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

Appointment of Non-Executive Director.

With effect from October 1, 2010, the Company is pleased to announce that Mr. John Kostoyannis Managing Director of Allied Shipbroking Inc has joined the Company's Board of Directors as a Non – Executive Director. Following his appointment the Company is now in compliance with NASDAQ listing rules 5605(b)(1) and 5605 (c)(2) in regard to the majority independent director and audit committee composition requirements.

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