Safe Bulkers Announces Annual Meeting of Stockholders

Safe Bulkers Announces Annual Meeting of Stockholders 
ATHENS, GREECE -- (Marketwired) -- 04/03/14 --  Safe Bulkers, Inc.
(the "Company") (NYSE: SB), an international provider of marine
drybulk transportation services, announced today that its Board of
Directors has called an annual meeting of the stockholders to be held
on June 2, 2014, at 16:00 p.m. Greek local time at our representation
offices in Greece at 30-32 Avenue Karamanli, 16673 Voula, Athens,
Stockholders of record at the close of business on May 2, 2014 will
be entitled to receive notice of, and to vote at, the annual meeting,
or any adjournments or postponements thereof. 
Formal notice of the meeting and the Company's proxy statement will
be sent to stockholders of the Company in due course. 
About Safe Bulkers, Inc. 
The Company is an international provider of marine drybulk
transportation services, transporting bulk cargoes, particularly
coal, grain and iron ore, along worldwide shipping routes for some of
the world's largest users of marine drybulk transportation services.
The Company's common stock and series B preferred stock is listed on
the NYSE, where it trades under the symbols "SB" and "SB.PR.B",
Forward-Looking Statements 
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Exchange Act of 1933, as amended, and
in Section 21E of the Securities Act of 1934, as amended) concerning
future events, the Company's growth strategy and measures to
implement such strategy, including expected vessel acquisitions and
entering into further time charters. Words such as "expects,"
"intends," "plans," "believes," "anticipates," "hopes," "estimates"
and variations of such words and similar expressions are intended to
identify forward-looking statements. Although the Company believes
that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and
unknown risks and are based upon a number of assumptions and
estimates which are inherently subject to significant uncertainties
and contingencies, many of which are beyond the control of the
Company. Actual results may differ materially from those expressed
implied by such forward-looking statements. Factors that could cause
actual results to differ materially include, but are not limited to,
changes in the demand for drybulk vessels, competitive factors in the
market in which the Company operates, risks associated with
operations outside the United States and other factors listed from
time to time in the Company's filings with the Securities and
Exchange Commission. The Company expressly disclaims any obligations
or undertaking to release any updates or revisions to any
forward-looking statements contained herein to reflect any change in
the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is based. 
For further information please contact: 
Company Contact:
Dr. Loukas Barmparis
Safe Bulkers, Inc.
Athens, Greece
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
Investor Relations / Media Contact: 
Nicolas Bornozis
Capital Link, Inc. 
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
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