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SIMMONS LEAVES STEALTHGAS

We were very interested to see that Andrew Simmons, who has been CFO of Stealthgas Inc since June 2005 is leaving the Company.

We have known Andrew for several years. He has significant shipping finance experience from his prior banking career, and in the last five and a half years as CFO of Stealthgas Inc has been centrally involved in two successful equity offerings in the USA, as well structuring the finance with a wide group of international banks that has assisted in the four fold increase in the size of the Company's fleet over the past five years or so.

We understand that he would ideally like to remain in the shipping industry either in another CFO role or back into shipping finance within the banking sector.

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