Omega Revises the Record Date of its First Quarter

Omega Navigation Enterprises, Inc. announced  that due to a public holiday on May 19, 2008 the Company is changing the record date pertaining to its first quarter dividend of $0.50 per share to May 20th, 2008.
The Company previously announced that its Board of Directors declared a quarterly cash dividend with respect to the first quarter of 2008 of $0.50 per common share, payable on May 30, 2008 to stockholders of record on May 19, 2008. This is the eighth consecutive dividend of $0.50 per share paid to investors since the Company went public in April, 2006.