Costamare Inc. Announces Inclusion in the Wilshire 5000 Total Market Index

ATHENS, GREECE -- (Marketwire) -- 11/22/10 -- Costamare Inc. (NYSE: CMRE), one of the world's leading owners and providers of containerships for charter, announced today that it was added to the Wilshire 5000 Total Market Index(SM) (Wilshire 5000(SM)) effective after the markets' close on Friday, November 19, 2010 in conjunction with the monthly additions and deletions of the index.

The Wilshire 5000 was developed in 1974 by Dennis A. Tito, Chairman and Chief Executive Officer of Wilshire Associates Incorporated. It is widely considered one of the best ways to track the U.S. equities market and estimate market value changes. The Wilshire 5000 Total Market exchange-traded fund (NYSE: WFVK) is the only ETF based upon the Wilshire 5000.

Mr. Konstantinos Konstantakopoulos, Chairman and Chief Executive Officer of Costamare Inc., commented, "We are pleased with the inclusion of our company in the Wilshire 5000 Total Market Index. We believe that this will enhance our Company's visibility in the investment community and can have a positive impact on the trading of our shares."

About Costamare Inc.

Costamare Inc. is one of the world's leading owners and providers of containerships for charter. Costamare Inc. has 35 years of history in the international shipping industry and a fleet of 43 containerships, with a total capacity of 218,533 TEU. Costamare Inc.'s common shares trade on The New York Stock Exchange under the symbol "CMRE."

Forward-Looking Statement

This press release contains "forward-looking statements." In some cases, you can identify these statements by forward-looking words such as "believe", "intend", "anticipate", "estimate", "project", "forecast", "plan", "potential", "may", "should", "could" and "expect" and similar expressions. These statements are not historical facts but instead represent only Costamare's belief regarding future results, many of which, by their nature, are inherently uncertain and outside of Costamare's control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in Costamare Inc.'s Registration Statement on Form F-1 (File No. 333-170033) under the caption "Risk Factors."

Contacts:

Company Contact:
Gregory Zikos
Chief Financial Officer
Konstantinos Tsakalidis
Business Development / Investor Relations
Costamare Inc., Athens, Greece
Tel: (+30) 210-949-0000
Email: ir@costamare.com

Investor Relations Advisor/ Media Contact:
Nicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (+1) 212-661-7566
E-mail: costamare@capitallink.com

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