干船   DRYS

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from December 31, 2018 to March 31, 2019 Common stock repurchase program

from December 31, 2017 to December 31, 2018 Gain from common control transaction

from December 31, 2016 to December 31, 2017 Issuance of common stock Cancellation of treasury Cancellation of Series D Preferred shares

DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"),a diversified owner of ocean going cargo vessels,announced today that its Board of Directors (the "Board") has determined to effect a 1-for-7 reverse stock split of the Company's issued common shares.The reverse stock split will take effect,and the Company's common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the opening of trading on July 21, 2017 under the existing trading symbol "DRYS".As of the date of this press release, the Company had 36,296,095 common shares issued and outstanding. Effecting the reverse stock split will reduce the number of issued and outstanding common shares to 5,185,153 shares.

DryShips Inc.(the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that its Board of Directors (the "Board") has determined to effect a 1-for-5 reverse stock split of the Company's issued common shares. The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the opening of trading on June 22, 2017 under the existing trading symbol "DRYS".

The one-for-seven reverse stock split of the Company's issued common stock, which will be effected pursuant to the authority granted to the Board at the Annual General Meeting.The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on May 11, 2017 under the existing trading symbol "DRYS". The new CUSIP number for the common stock following the reverse stock split is Y2109Q507.When the reverse stock split becomes effective, every seven shares of the Company's issued common stock will be automatically combined into one issued share of common stock. This will reduce the number of issued common shares from 65,564,307 shares to approximately 9.4 million shares.

On April 6, 2017,DryShips Inc. announced a 1-for-4 reverse stock split of the Company's common shares. The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the opening of trading on April 11, 2017.

Between the date of the Purchase Agreement, December 23, 2016, and January 30, 2017, the Company has sold an aggregate 31,769,940 Shares to the Investor at an average price of approximately $6.30 per share.

On January 19,2017,DryShips Inc.,a diversified owner of ocean group cargo vessels, announced today that its Board of Directors (the "Board") has determined to effect a 1-for-8 reverse stock split of the Company's common shares. The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on January 23, 2017 under the existing trading symbol "DRYS".

From December 31, 2015 to December 31, 2016 Issuance of common stock Issuance of preferred stock Conversion of preferred stock to common stock Exchange of Revolving Facility with preferred shares The Board of Directors (the “Board”) has determined to effect a 1-for-25 reverse stock split of the Company’s common shares.The reverse stock split will take effect, and the Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on March 11, 2016. When the reverse stock split becomes effective, every 25 shares of the Company’s issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock. This will reduce the number of outstanding common shares from 672,046,321 shares to approximately 26.9 million shares. DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced today that its Board of Directors (the "Board") has determined to effect a 1-for-4 reverse stock split of the Company's common shares.The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on August 15, 2016 under the existing trading symbol "DRYS". On March 11, 2016, the Company effected a 1-for-25 reverse stock split on its issued common stock. In connection with the reverse stock split seven fractional shares were cashed out. Furthermore, on August 15, 2016, the Company effected a 1-for-4 reverse stock split on its issued common stock. In connection with the reverse stock split five fractional shares were cashed out. Finally, on November 1, 2016, the Company effected a 1-for-15 reverse stock split on its issued common stock. In connection with the reverse stock split nine fractional shares were cashed out. All share and per share amounts disclosed in the consolidated financial statements and notes give effect to these reverse stock splits retroactively, for all periods presented.

On October 27, 2016, DryShips Inc. announced today that, pursuant to the authority granted to the Board at the Annual General Meeting, the Board has determined to effect a one-for-15 reverse stock split of the Company’s issued common shares. The reverse stock split will take effect, and the Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on November 1, 2016.

On March 11, 2016, the Company effected a 1-for-25 reverse stock split on its issued common stock. In connection with the reverse stock split seven fractional shares were cashed out. Furthermore, on August 15, 2016, the Company effected a 1-for-4 reverse stock split on its issued common stock. In connection with the reverse stock split five fractional shares were cashed out. Finally, on November 1, 2016, the Company effected a 1-for-15 reverse stock split on its issued common stock. In connection with the reverse stock split nine fractional shares were cashed out. All share and per share amounts disclosed in the consolidated financial statements and notes give effect to these reverse stock splits retroactively, for all periods presented.

DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced today that its Board of Directors (the "Board") has determined to effect a 1-for-4 reverse stock split of the Company's common shares.The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on August 15, 2016 under the existing trading symbol "DRYS".

The Board of Directors (the “Board”) has determined to effect a 1-for-25 reverse stock split of the Company’s common shares.The reverse stock split will take effect, and the Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on March 11, 2016. When the reverse stock split becomes effective, every 25 shares of the Company’s issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock. This will reduce the number of outstanding common shares from 672,046,321 shares to approximately 26.9 million shares.

From December 31, 2014 to December 31, 2015 Issuance of non-vested shares Conversion of common stock to treasury stock Issuance of preferred stock

from December 31, 2013 to December 31, 2014 Issuance of common stock Issuance of non vested shares Issuance of treasury stock

from December 31, 2012 to December 31, 2013 Issuance of common stock Issuance of non vested shares Issuance of treasury stock

from December 31, 2011 to March 31,2012 Issuance of non-vested shares Issuance of treasury stock

from December 31, 2010 to December 31, 2011 Issuance of non-vested shares Conversion of preferred stock into common stock Issuance of treasury stock

Issuance of common stock Issuance of non-vested shares

from December 31, 2008 to December 31, 2009 Issuance of Series A convertible preferred stock Issuance of common stock and warrants Issuance of non-vested shares

From December 31, 2007 to December 31, 2008 Issuance of common stock Issuance of restricted shares and amortization of stock based compensation

From December 31, 2006 to December 31, 2007 Issuance of common stock

From December 31, 2005 to December 31, 2006 Issuance of common stock Issuance of common stock to settle dividends Issuance of common stock to settle liabilities

From December 31, 2004 to December 31, 2005 Issuance of common stock