ATHENS, GREECE, May 10, 2013 — Tsakos Energy Navigation Limited (the “Company” or “TEN”) (NYSE: TNP), a leading product, crude and LNG tanker operator, today announced that it has raised gross proceeds of $50 million, through its previously announced public offering of 2,000,000 shares of 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) under its effective shelf registration statement at $25.00 per share. The underwriters have an option to purchase up to 300,000 additional Series B Preferred Shares. Incapital and DNB Markets acted as joint book-running managers for the offering and Incapital acted as the sole structuring agent. Clarkson Capital Markets and Brock Capital acted as co-managers. TEN intends to use the net proceeds from the offering for general corporate purposes, which may include making vessel acquisitions or investments.

The Company also announced that on Monday, May 13, 2013, the Series B Preferred Shares will commence trading on the New York Stock Exchange, under the symbol “TNPPRB.”

Copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Incapital LLC, Attn: DCM Prospectus Department, 200 S. Wacker Drive, Suite 3700, Chicago, Illinois 60606, Telephone (312) 379-3700, Email prospectus_requests@incapital.com and DNB Markets, Inc., 200 Park Avenue, 31st Floor, New York, New York, 10166, Telephone: (212) 551-9814.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus supplement and accompanying base prospectus.

ABOUT TSAKOS ENERGY NAVIGATION
To date, TEN’s fleet, including an LNG carrier under construction, consists of 49 double-hull vessels, a mix of product tankers, crude tankers and LNG carriers, totaling 4.9 million dwt. Of these, 19 are crude tankers ranging from VLCCs to aframaxes, 28 are product carriers ranging from shuttle suezmaxes to handysize and two are LNG carriers.

ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact Information

For further information, please contact:

Company
Tsakos Energy Navigation Ltd.
George Saroglou COO
+30210 94 07 710
gsaroglou@tenn.gr

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Paul Lampoutis
+212 661 7566
ten@capitallink.com

BALTIMORE, MD, Sept. 24, 2012 (/PRNewswire/) — T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its board of directors has elected the Honorable Mary K. Bush an independent director of the company. The appointment is effective October 22, 2012, the date of the organization’s next board meeting.

Ms. Bush has served as the president of Bush International, LLC, which advises U.S. corporations and foreign governments on international capital markets and strategic business and economic matters, since 1991. She is also a senior managing director of Brock Capital Group, a corporate advisory and consulting firm. Previously, Ms. Bush has served as head of the Federal Home Loan Bank System, head of international finance at Fannie Mae, and the U.S. government’s representative on the International Monetary Fund Board.

Ms. Bush serves on the boards of directors of Discover Financial Services, ManTech International Corporation, and Marriott International, Inc. She also recently stepped off the board of directors of the Pioneer Family of Mutual Funds.

“Mary has extensive financial sector expertise and knows our industry well,” said Brian C. Rogers, chairman of T. Rowe Price Group. “We welcome her perspective and counsel and look forward to benefiting from her wealth of knowledge and breadth of experience.”

Ms. Bush holds a Master of Business Administration degree in finance from the University of Chicago and a Bachelor of Arts degree in economics and political science from Fisk University.

About T. Rowe Price Group

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com) is a global investment management organization with $541.7 billion in assets under management as of June 30, 2012. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

SOURCE T. Rowe Price Group, Inc.

RELATED LINKS
http://www.troweprice.com

Tsakos Energy Navigation Limited Announces Pricing of Its Public Offering of Common Shares
ATHENS, GREECE, Apr 19, 2012 (Marketwire) — Tsakos Energy Navigation Limited (the “Company”) (NYSE: TNP), a leading provider of international seaborne energy transportation services for crude oil, petroleum products and LNG, announced today that its offering of 10,000,000 common shares was priced at $6.50 per share, representing a 3.4% discount from the closing price on April 18, 2012. Entities affiliated with the Tsakos Holdings Foundation, which is the Company’s largest shareholder, have agreed to purchase two million of the common shares being sold in the offering. The gross proceeds from the offering are expected to be approximately $65,000,000.

The Company has also granted the underwriters a 30-day option to purchase up to 1,500,000 additional common shares.

The Company plans to use the net proceeds of the offering to fund growth initiatives, including LNG, working capital and other general corporate purposes.

Credit Suisse is acting as book-running manager, Morgan Stanley is acting as senior co-manager, and Clarkson Capital Markets, Dahlman Rose & Co. and Brock Capital are acting as co-managers of the offering, which is being made under an effective shelf registration statement.

The offering is being made only by means of a prospectus supplement and accompanying base prospectus. A preliminary prospectus supplement and accompanying base prospectus relating to the offering has been filed with the Securities and Exchange Commission (“SEC”) and is available at the SEC’s website at http://www.sec.gov. When available, the final prospectus supplement and accompanying base prospectus relating to the public offering may be obtained from Credit Suisse, One Madison Avenue, New York, NY 10010, Attn: Prospectus Department, e-mail: newyork.prospectus@credit-suisse.com or (800) 221-1037.

The offering is expected to close on April 24, 2012, subject to customary closing conditions.
This release does not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Tsakos Energy Navigation

The Company’s pro forma fleet consists of 54 double-hull vessels of approximately 6.0 million dwt that includes two LNG carrier newbuildings, two DP2 suezmax shuttle tanker newbuildings and two conventional suezmax tanker newbuildings. The proforma fleet assumes the Company’s exercise of its options for two newbuild conventional suezmax tankers and one newbuild LNG carrier. The Company’s balanced fleet profile is reflected in 23 crude tankers ranging from VLCCs to aframaxes, 26 product carriers ranging from aframaxes to handysize, three LNG carriers and two shuttle tankers.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended). Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Statements contained in this press release are based upon information presently available to the Company and assumptions that the Company believes to be reasonable. The Company is not assuming any duty to update this information should those facts change or should the Company no longer believe the assumptions to be reasonable. These statements are subject to risks and uncertainties, including without limitation, general market conditions, the market for the Company’s common shares, the performance of the Company’s business and other risks detailed from time-to-time in the Company’s filings with the Securities and Exchange Commission. There is no assurance that the Company will complete the offering or on what terms.

Contact Information
Company
Tsakos Energy Navigation Ltd. George Saroglou
COO
+30210 94 07 710
gsaroglou@tenn.gr

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Paul Lampoutis
+212 661 7566
ten@capitallink.com

NEW YORK, NY, December 01, 2011 — Donald C. Walkovik has retired as a partner of Sullivan & Cromwell LLP and joined Brock Capital Group as a Senior Managing Director. Mr. Walkovik will help lead the firm’s mergers and acquisitions line of business, bringing decades of experience as a Sullivan & Cromwell partner working with companies and bankers on hundreds of financings, mergers and acquisitions, corporate restructurings and other investment banking matters for companies and projects in North America, Asia and Africa. His work at Sullivan & Cromwell included opening and managing for several years the firm’s Hong Kong office. He also served as the practice coordinator of the firm’s corporate reorganization group and as a managing partner of its general practice group.

“Don has extraordinary capital markets and other investment banking knowledge; he will add immeasurably to the capacity, depth and sophistication of our Investment Banking team”, said Charles L. Brock, the firm’s Chairman and CEO.

The senior Investment Banking team and supporting members include Ennius Bergsma, Norman H. Brown, Jr., Alain Lebec, Charles O. Svenson and Stephen R. Wilson. The Brock Team’s experience includes mergers and acquisitions, restructuring, performance improvement, assessing prospective investments, due diligence, valuations and exit strategies. Mr. Walkovik will bolster the team’s deep industry knowledge in the financial services, transportation, metals and mining and energy and alternative energy sectors.

Mr. Walkovik has a B.B.A. from the University of Wisconsin and a J.D. from Harvard Law School.

About Brock Capital Group

Brock Capital Group is a full-service consulting firm and boutique investment bank, organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the firm’s 40+ partners as senior consultants, senior corporate officers, investment bankers, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of Brock.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

WASHINGTON (PRNewswire via COMTEX) — Continuing to advance the highest levels of board professionalism, The National Association of Corporate Directors (NACD) has elected Karen Horn to its esteemed board of directors. Horn is the lead director and chair of the compensation committee for Eli Lilly, and she is the chair of the nominating and corporate governance committee for Simon Property Group. She also serves as a director for Norfolk Southern Corporation and T. Rowe Price Mutual Funds; the U.S.-Russia Foundation; and the National Bureau of Economic Research. Horn holds a B.A. from Pomona College and a Ph.D. in Economics from Johns Hopkins University.

“I am proud to be a part of an organization as dedicated to director education programs and director professionalism as NACD,” said Horn. “Over the past 30 years, NACD has been a proven leader in furthering exemplary board leadership, and I am honored to be a part of this fine organization.”

Horn has been involved in NACD’s programs, recently participating at a plenary session on The Effective Lead Director at NACD’s annual conference, held Oct. 2 – 4 in Washington, DC. She also served on the NACD Blue Ribbon Commission that recently issued a report entitled The Effective Lead Director.

Barbara Hackman Franklin, chair of NACD’s board of directors stated, “I already have the great privilege of working with wonderful and highly-qualified people on our board of directors, and now we have added another excellent leader whose experience is a testament to her abilities. NACD will continue to provide effective director education for all our members and we look forward to Karen’s continued guidance as she joins the board.”
In addition to her service in the boardroom, Horn is also a partner at Brock Capital Group and was president of the Federal Reserve Bank of Cleveland and CEO of Bank, Cleveland.

“Karen’s background and expertise will be an invaluable asset to NACD and to other directors who want to learn from her vast experience,” said Ken Daly, president and CEO of NACD. “We look forward to gleaning insights from Karen as NACD becomes the center of gravity for the corporate boardroom community, expands its membership and furthers its director credentials, board benchmarking and diversity in the boardroom initiatives.”

http://www.marketwatch.com/story/karen-horn-lead-director-of-eli-lilly-joins-nacd-board-of-directors-2011-10-11

NEW YORK, NY, September 26, 2011 — Today, the Province of Gyeongsangbuk-Do (Gyeongbuk) and Brock Capital Group, LLC (Brock), signed a Memorandum of Understanding to promote cross-border investment and trade between the Republic of Korea and other nations including the United States. Sponsored by the Korea Trade-Investment Promotion Agency (KOTRA), a Korean government agency under the Ministry of Knowledge and Economy, this MOU sets forth the basic understanding of the strategic partnership between Gyeongbuk and Brock. Gyeongbuk is the largest province in the Republic of Korea and home to world-class business entities such as the Pohang Iron and Steel Company (POSCO). Brock is a New York-based boutique investment bank and business advisory firm (www.brockcapital.com).

Under the terms of this MOU, Gyeongbuk is to screen and source outstanding Korean and foreign companies in Gyeongbuk and recommend them to Brock. In return, Brock is to facilitate investment in these companies and to advise Gyeongbuk concerning global investment trends as they relate to Gyeongbuk and Gyeongbuk’s initiatives for attracting foreign investment. The MOU also calls on Brock to participate in Gyeongbuk-sponsored investment funds, by means such as raising capital for the funds and administering and supervising the funds’ operations. “This MOU is the first of its kind between Gyeongbuk and a foreign financial firm. This comes at an opportune moment, as the Republic of Korea and the United States move closer to ratifying a bilateral Free Trade Agreement,” said James Lee, the Brock partner closely involved in the origination and implementation of this MOU.

About Brock Capital Group

Brock Capital Group is a full-service consulting firm and boutique investment bank, organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the firm’s 40+ partners as senior consultants, senior corporate officers, investment bankers, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of Brock.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

NEW YORK, NY, September 21, 2011 — On September 19, 2011, the US Department of Labor announced that it will re-propose its controversial regulation on the definition of an ERISA plan fiduciary. The original proposal generated hundreds of comments and a Congressional hearing. The new proposal will concentrate on the regulation’saffectontheIRAindustry. It will also clarify that fiduciary advice is limited to individualized advice directed to specific parties and will address concerns about, among other things, the impact of the regulation on routine appraisals and arm’s length transactions, like swap transactions. The DOL will also issue exemptions relating to the impact of the new regulation on the current fee practices of brokers and advisers and will clarify the continued applicability of exemptions that allow brokers to receive commissions in connection with mutual funds, stocks and insurance products.

The re-proposed regulation is expected to be issued in early 2012.

While the proposed regulation is not expected to create fiduciary status for many types of plan service providers, persons that do not today consider themselves fiduciaries may be included in the definition. This may lead to situations where an independent fiduciary can provide service to a plan to avoid a conflict of interest on the part of a provider that becomes a fiduciary under the new rule.

About Brock Fiduciary Services

Brock Fiduciary Services is an independent fiduciary that is currently managing over $25 billion of assets. Brock has full discretionary control to manage the UAW Retiree Medical Benefits Trust’s interests in General Motors’ common stock, warrants, and preferred stock; and remaining interests in Chrysler’s unsecured debt. Recently, Brock helped AT&T design a preferred security in connection with a $9.5 billion contribution to its pension plan that is currently pending before the Department of Labor.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital/independent-fiduciary.

NEW YORK, NY,  August 10, 2011 — Brock Fiduciary Services today announced that it has been engaged by the UAW Retiree Medical Benefits Trust (a voluntary employee benefits association or VEBA) to manage its ownership of General Motors (GM) common stock, preferred stock and warrants.

Pursuant to a prohibited transaction exemption granted by the Department of Labor, the GM securities were contributed to the VEBA to fund retiree medical benefits for a defined group of current and future retirees. As independent fiduciary, Brock will act on behalf of the VEBA in connection with the valuation, discretionary management and disposition of the GM securities.

Brock Fiduciary Services LLC, a registered investment adviser and subsidiary of Brock Capital Group, provides independent fiduciary and advisory services to employee benefit plans and others. Acting as an independent fiduciary, the firm represents the interests of plan participants in situations where plan sponsors face conflicts of interest that complicate their ability to make decisions about plan assets. Brock Fiduciary Services also provides specialized investment advisory services to trusts and other institutional investors not necessarily subject to ERISA.

NEW YORK, NY, July 21, 2011 — Fiat SpA today announced the completion of its purchase of the 6% fully diluted ownership interest in Chrysler Group LLC held by the U.S. Department of the Treasury. The consideration for such interest was $500 million. The Treasury Department also assigned to Fiat its rights under the Equity Recapture Agreement entered into between the Treasury Department and the UAW Retiree Medical Benefits Trust, a voluntary employee benefits association (the “VEBA”). The consideration for such rights was $75 million, $15 million of which was paid to Canada in accordance with arrangements between the Treasury Department and Canada.

Brock Fiduciary Services, as the independent fiduciary for the Chrysler securities held by the VEBA, acted on behalf of the VEBA in negotiations that led to Chrysler’s repayment of $7.6 billion in loans owed to the U.S. and Canadian governments. That repayment allowed Fiat to exercise its option on an incremental 16% of Chrysler equity for $1.27 billion in cash, and was a condition to the transactions announced today. As an independent fiduciary, Brock acts for the VEBA in the valuation, management and disposition of its holdings of Chrysler equity and debt.

Brock Fiduciary Services LLC, a registered investment adviser and subsidiary of Brock Capital Group, provides independent fiduciary and advisory services to employee benefit plans and others. Acting as an independent fiduciary, the firm represents the interests of plan participants in situations where plan sponsors face conflicts of interest that complicate their ability to make decisions about plan assets. Brock Fiduciary Services also provides specialized investment advisory services to trusts and other institutional investors not necessarily subject to ERISA.

NEW YORK, NY, June 20th, 2011 — Peter B. Weprin, formerly of HighTower Advisors, has joined Brock Securities, a subsidiary of Brock Capital Group LLC. The Brock Capital Markets team has arranged capital markets transactions in excess of $5 billion. These transactions included public offerings, private placements, mergers and acquisitions, special purpose acquisition companies (SPACs), private investments in public equity (PIPEs) and secondary offerings. The industry expertise of Brock Capital Markets includes the maritime, metals and mining, energy, real estate and financial sectors. Mr. Weprin will substantially enhance the capital raising and associated investment banking activities of the Brock Group.

Peter Weprin was previously with HighTower Advisors, a leading financial services company carrying out business development activities. Prior to Hightower, Mr. Weprin was a Managing Director at Cowen and Company’s Capital Markets Group, in charge of origination and execution of innovative capital raising solutions for middle-market and emerging growth public and private companies. Mr. Weprin also served as Senior Vice President at Sunrise Securities Corp. where he focused on the origination, structuring and execution of over $1 Billion in SPAC transactions for Sunrise clients and raised $200 Million in private offerings. In his previous position with British Telecom, Mr. Weprin was responsible for closing complex multi-jurisdictional transactions involving Global Fortune 500 Companies.

Mr. Weprin graduated with an M.S. in Telecommunications Management, from University College London as part of BT’s Executive Masters Program in 2005. Mr. Weprin received a J.D. from Brooklyn Law School in 1998 and received a B.A. from the University of Wisconsin-Madison in 1992

The Brock Group is a full-service investment bank that was organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the Firm’s partners as investment bankers, senior corporate officers, government officials, consultants, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of the Brock Group.