Greece: NewLead Holdings Appoints New Chairman

NewLead Holdings Ltd., announced on Friday that Michael Zolotas, president and chief executive officer of NewLead, will assume the role and responsibilities of chairman of the Company following the recent resignation of Nicholas Fistes as chairman and director of the Company.

Michael Zolotas, chairman, president and chief executive officer of NewLead, stated, “I would like to thank Nicholas Fistes for his valuable contribution to the Company and wish him success in his future endeavors.”

About Company

NewLead Holdings Ltd. is an international, vertically integrated shipping and commodity company that manages product tankers and dry bulk vessels. NewLead currently controls four vessels, two tankers and two dry bulk vessels. NewLead’s common shares are traded under the symbol “NEWL” on the NASDAQ Global Select Market.

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NewLead Holdings, January 21, 2013