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Press Releases



Dryships to Present in New York on Friday, December 2, 2005


November 18, 2005 ATHENS, Greece – DryShips Inc. (NASDAQ: DRYS) announced today that George Economou Chairman & Chief Executive Officer, and Chris Thomas, the Company’s Chief Financial Officer will be presenting at the Harvard Club, at an analyst and investor meeting which will take place in New York City on Friday December 2, 2005 at 12:00 PM EST.

A webcast of DryShips’ slide presentation will be archived on the DryShips’ corporate website at wwww. dryships.com.

About DryShips Inc.
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 27 drybulk consisting 4 Capesize, 21 Panamax and 2 Handymax vessels, with a combined deadweight tonnage of approximately 2.3 million. DryShips is the second largest Panamax operator in the world.

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

Visit our website at www.dryships.com

Company Contact:
Christopher J. Thomas
Chief Financial Officer
DryShips Inc.
Tel. 011-30-210-809-0570
E-mail: management@dryships.com

Investor Relations / Media:
Nicolas Bornozis
Capital Link, Inc. (New York)
Tel. 212-661-7566
E-mail: nbornozis@capitallink.com