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Sunday, 06/01/2008 5:27:20 AM

Sunday, June 01, 2008 5:27:20 AM

Post# of 1210
(DRYS) Ocean Rig ASA Extraordinary General Meeting
Saturday, 31 May 2008

DryShips Inc. yesterday announced that an Extraordinary General Meeting of Ocean Rig ASA was held on May 30, 2008. Election of the Board of Directors was the only agenda item. Mr. George Economou was elected new Chairman of the Board. Mr. George Demathas, Mr. George Xiradakis, each of whom serves on the Board of Directors of DryShips Inc., and Ms. Randee E. Day and Ms. Annette M. McEvoy were elected new Directors. DryShips Inc., based in Greece, is an owner and operator of drybulk carriers that operate worldwide. As of the day of this release, DryShips owns a fleet of 48 drybulk carriers comprising 5 Capesize, 32 Panamax, 2 Supramax, 9 newbuilding drybulk vessels, with a combined deadweight tonnage of over 4 million tons.
DryShips Inc.'s common stock is listed on the NASDAQ Global Market where it trades under the symbol "DRYS."

Source: Ocean Rig
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