TOP Tankers Announces Date of Third Quarter 2007 Results Release and Conference Call

ATHENS, Greece, Nov. 5  /PRNewswire-FirstCall/ -- TOP Tankers Inc (NASDAQ:TOPT) announced plans to release its third quarter 2007 results on Thursday, November 8, 2007, before market opening. That same day, at 11:00 AM EST, management will host a conference call, which will be broadcast live over the Internet. Those interested in listening to the live webcast may do so by going to the Company's website at http://www.toptankers.com/, or by going to http://www.investorcalendar.com/.

The telephonic replay of the conference call will be available by dialing 877 660-6853 (from the US and Canada) or [phone] (from outside the US and Canada) and by entering account number 286 and conference ID number 261403. An online archive will also be available immediately following the call at the sites noted above. Both are available for one week, through November 15, 2007.

About TOP Tankers Inc

TOP Tankers Inc provides international transportation services of seaborne crude oil, petroleum products and bulk commodities. After taking into consideration all expected drybulk vessel acquisitions, the Company will operate a fleet of 20 tankers, consisting of 12 double-hull Suezmax tankers and 8 double-hull Handymax tankers, with a total carrying capacity of approximately 2.2 million dwt, of which 87% are sister ships, and six drybulk vessels of approximately 0.4 million dwt. Thirteen of the Company's 20 tankers will be on time charter contracts with an average term of over three years with all but four of the time charters including profit sharing agreements. Three of the Company's six drybulk vessels will have, upon their delivery, time charters contracts for an average period of 18 months.

  Contact:  Michael Mason (investors)     Stamatis Tsantanis, CFO
            Allen & Caron Inc             TOP Tankers Inc
            212 691 8087                  011 30 210 812 8199
                   

DATASOURCE: TOP Tankers Inc



CONTACT:  investors, Michael Mason of Allen & Caron Inc, [phone],

, for TOP Tankers Inc; or Stamatis Tsantanis, CFO of

TOP Tankers Inc, +011 30 210 812 8199, 



Web site:  http://www.toptankers.com/ 

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