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Thursday, 04/03/2008 1:43:54 AM

Thursday, April 03, 2008 1:43:54 AM

Post# of 1210
DRYS $59.98 DryShips Inc. Announces Quarterly Cash Dividend of $0.20 per Common Share
Wednesday April 2, 4:05 pm ET

ATHENS, GREECE--(MARKET WIRE)--Apr 2, 2008 -- DryShips Inc. (NasdaqGS:DRYS - News) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share, payable April 30th, 2008, to stockholders of record as of April 17th, 2008.

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This is the twelfth consecutive quarterly cash dividend of $0.20 per share declared by the Company since its listing on the NASDAQ Global Market in February 2005.

About DryShips Inc.

DryShips Inc. is an international provider of drybulk carriers. Headquartered in Athens, Greece, DryShips currently owns and operates a fleet of 46 drybulk carriers comprising 5 Capesize, 31 Panamax, 2 Supramax and 8 newbuilding Panamax vessels, with a combined deadweight tonnage of over 4 million tons.

DryShips Inc.'s common stock is listed on NASDAQ Global Market where it trades under the symbol "DRYS."

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