Eagle Bulk Shipping Inc. to Present At Dahlman Rose & Co. 1st Annual Global Transportation Conference

| Source: Eagle Bulk Shipping Inc.

NEW YORK, Sept. 4, 2008 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced today that the Company's Chairman and Chief Executive Officer, Sophocles N. Zoullas, will present at the Dahlman Rose & Co. 1st Annual Global Transportation Conference on Wednesday, September 10, 2008, at 9:00 a.m. Eastern Time.

The presentation can be heard live over the Internet by accessing http://www.wsw.com/webcast/dahlman2/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.

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

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