Stealthgas, Inc. · NASDAQ:GASS

Stealthgas — FY2007 Earnings Presentation

18 slides from Stealthgas's earnings presentation, Feb 20, 2008

  1. Slide 1: Fourth Quarter & Twelve Months 2007 Results

    () GASS EXPANDS > PHYSICS & FACT StealthGas Inc Fourth Quarter & Twelve Months 2007 Results February 20, 2008

  2. Slide 2: ! " " ! " " # $ " %& &! ! # '

    ! " " ! " " # $ " %& &! ! # ' " ( &' ) ( ' ) ( " ' ) ( ' ) ( ' ) # & %" " $ & & " " % " !" " & " '!" ! * & + , " -# * ' " & ! $ * & + $ " ' ! & $ " * &+ 1

  3. Slide 3: C" & -# ./ $ . $ $ & / % 4" " *

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  4. Slide 4: $ ;" " 4" " % 4" & " ! ./ $ !& /

    $ ;" " 4" " % 4" & " ! ./ $ !& 03 / " 13 !&& / 3

  5. Slide 5: Fleet Employment Profile

    Navigé Falth Navigé Fidellty Gas Empreror Gas Premiership Birgit Kosan Gas Ice Gas Monarch Gas Icon Gas Spirit Gas Kalageras Gas Etemity Gas Legacy Gas Chins Sas Haralambos Gas Marathon Gas Tiny Gas Prophet Gas Shanghai Gas Sincerity Sir vor Lyne Sea Bird Il Gas Sikausis Gas Arctic Gas Zael Gas Flaw

  6. Slide 6: #$ %&&' ? @A ' $ " @ A3 '-C %

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  7. Slide 7: @ A' A' ' A.

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  8. Slide 8: F .A : A

    " 0" ; < F &, " " /&, +amp;, -amp;' %amp;' .amp;' +amp;' /&' %$ "! $ :8 / / 8. .:3 . : . / 2 "! $ / / 8 .. .A ./ ./ & 8' 1:3 ' :A ' :8 '. .'.3 .' 1:. 33' 8/A $ & & 8' .1A ' :A1 ' :8 ' A: .'3. .' 1 1 33' / 3 " 5 8/ 87 88:7 3 7 8/ 7 8817 8/ A7 88 7 & /' 8 '/3 ' 1A: ' :3: ' 8: .'./ 33' 3 & 3' 3. /. 331 3A A3 3AA

  9. Slide 9: $ B < # %&&' $ B ? @ : ' $ " @8

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  10. Slide 10: $ B ( )&&&* -% %&&, -% %&&' # ? ,$ " @ .':8

    $ B ( )&&&* -% %&&, -% %&&' # ? ,$ " @ .':8 @/8' 88: ; :'1. ..' 3/ ? 3/' 18. ' :./ -C % .A' A/A 1:' A:3 -2 3.3 3A -2 ' ! 3. 31 ?" ! 31' 3A3'8A 3' 81.' .1A 9

  11. Slide 11: $ B F 8/A

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  12. Slide 12: &C $ $ 0. &* ? C $ * D @ $ &E 0.

    &C $ 01 $ 0. &* ? C $ * D @ $ &E 0. &6.'.3 01 &6.' 1:. $.%&&' $+%&&' # 4 5 # 4 5 ; @ '1A @ '1A @' .3. @' .3. B ' F 88 88 :A :A % $ B D"$ &H & E 1: 1: 1: 1: /A /A 2 3' 3/ 3' .31 F% 5 3' ./. 3' ..A 3 6* -7, 6* .78 6* ..& 6* .6% 3 * # 9 6* -7, 6* &7. 6* ..& 6* %66 11

  13. Slide 13: - D @ E .7 %&&7 ? * " G& & 3' & *

    - D @ E .7 %&&7 ? * " G& & 3' 1 8 & * , 1': ! $ I ,$ " I 2 * ,$ " DH * C ! E @3 1 1 3 : ; -# .1 / F% B 3 3 * .A B * -# 3. 3 +8; 7 3"0 : F% : ? 3 / 12

  14. Slide 14: J 2 & B August 10, 2007

    , " , J 2 &B August 10, 2007 Year End 2006 1 1 2 5 8 10 7 5 6 Stealth Maritime EMS Sw an V Ships Stealth Maritime Tesma Sw an Hanseatic V Ships Novem ber 4, 2007 1 8 11 7 Stealth Maritime EMS Sw an V Ships 13

  15. Slide 15: LPGC freight rates

    LPGC freight rates Average earnings in the spot market excluding waiting time / 1 yr TC rates USD 1000's per month 700 | so BA soo _/|\ —~ Lose woo PAM EL = X EN Ww “occ 300 \ <i. Zl [| nn 7 rN ~~ yA f \ L —— 3500 SR lyr TC 200 ~~ a om | —— 3500 PR lyr TC east ——— 100 INGE STEENSLAND AS 2000 2001 20

  16. Slide 16: B *CB H D

    * B , D 3 B *E 01 %$ *" 03 / .' *CB H , .3 ' .3 ' .. ' .' : *CB 2H , :8'.3 ' ' :' *CB 2H , :8' A: .A:' .A:' A' *CB H , :3 ' ./ : :' : :' 3:' *CB H , :' :' :' ./' *CB 811'.3 8. ' 8. ' A' *CB 811'.3 8: ' 8: ' /' *CB 1A' 3:1 ' ' " 6 5 F 15

  17. Slide 17: . ! $ G *, H - K ! ! ! ! ! !

    . 888 ! $ G *, H - K ! ! ! ! ! ! ! """ " "" "" "" "" ! " #$%%% & '( " #$%%% & ( )* + , ( "* + - .( "* + - K * 4"$ $ #" " 6 16

  18. Slide 18: % L G "M !

    * > % L G "M ! 6 * ; M &2 B , 33. 3 A : 3 " $ &B & - 6 N * $ $ , 17

StealthGas — FY2007 Earnings Presentation on 6ix