GESHIPPING

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr. Kanaiyalal M Sheth, Chairman of the Company has acquired 100,000 shares and 221,279 shares of The Great Eastern Shipping Company Limited on February 14, 2006 and February 15, 2006 respectively. The mode of acquisition is through Market and the shareholding of Mr. M. Kanaiyalal M Sheth after the said acquisition is 1,504,495 shares aggregating to 0.79% of the total share capital of The Great Eastern Shipping Company Limited.

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr.Bharat K. Sheth, Deputy Chairman & Managing Director of the Company has purchased in aggregate 50,000 equity shares of the Company on February 10, 2006. The mode of acquisition is market and the shareholding of Mr.Bharat K. Sheth after the said acquisition is 11,480,679 equity shares aggregating to 6.03% of the share capital of Great Eastern Shipping Co. Ltd.

Great Eastern Shipping Co. Ltd. has informed the Exchange regarding a press release, dated, February 15, 2006, titled, "G E Shipping contracts to buy a modern Aframax tanker." The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr.Bharat K. Sheth, Deputy Chairman & Managing Director of the Company has purchased in aggregate 84,806 equity shares of the Company on February 08, 2006. The mode of acquisition is market and the shareholding of Mr.Bharat K. Sheth after the said acquisition is 1,14,30,679 equity shares aggregating to 6.01% of the share capital of Great Eastern Shipping Co. Ltd.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BoDs at its meeting held on January 30, 2006 have : (1) Declared an interim dividend of Rs.2.50 per share to the equity shareholders of the Company which will be paid to the equity shareholders on or after February 14, 2006. 2) Appointed Mr. Ravi Sheth as a Wholetime Director designated as Executive Director on the Board of the Company.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Hon'ble High Court of Bombay have on January 27, 2006 approved the Scheme of Arrangement being Demerger of the Offshore Services Business of the Company into a "Great Offshore Limited". In accordance with the Scheme the Company has to comply with the conditions precedent and upon fulfillment of those conditions precedents the BODs shall announce the EFFECTIVE DATE of Demerger, whereupon the Offshore Services Business will stand vested into "Great Offshore Limited" from the Appointed date namely April 01, 2005. Other provisions

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BOD's of the Company vide circular resolution dated January 23, 2006, have fixed February 08, 2006 as Record Date for the purpose of ascertaining the shareholders eligible for receiving the interim dividend, if declared, by the BODs at their meeting to be held on January 30, 2006. The Company has further informed that the interim dividend, if declared, by the BODs, will be paid to the shareholders on or after February 14, 2006.

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr. Ravi K Sheth, Executive Vice President of the company,in his individual capacity has acquired in aggregate 89,611 shares of Great Eastern Shipping Co. Ltd. as follows: (1) On December 27, 2005 - 18,533 and (2) On December 28, 2005 - 71,078 shares. The mode of acquisition is market purchase and the shareholding of Mr. Ravi K Sheth in his individual capacity after the said acquisition is 12,265,137 shares aggregating to 6.44% of the total share capital of the company. The company has further informed that Mr. Ravi.K.Sheth jointl

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr. Ravi K Sheth, Executive Vice President of the company,in his individual capacity has acquired in aggregate 3,50,000 shares of Great Eastern Shipping Co. Ltd. as follows: (1) On December 20, 2005 - 100,000 shares; (2) On December 21, 2005 - 48,994 shares; (3) On December 22, 2005 - 51,006 shares and (4) On December 26, 2005 - 150,000 shares. The mode of acquisition is market and the shareholding of Mr. Ravi K Sheth in his individual capacity after the said acquisition is 12,175,526 shares aggregating to 6.40% of the total share

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr.Bharat K. Sheth, Deputy Chairman & Managing Director of the Company has purchased in aggregate 2,62,299 equity shares of the Company on November 22, 2005 & November 24, 2005, and the shareholding of Mr.Bharat K. Sheth after the said acquisition is 1,13,45,873 equity shares of the Company.

Great Eastern Shipping Co. Ltd. had informed the Exchange that the Company has contracted to sell a 1983 built 37,092 dwt Handysize Dry Bulk Carrier "Jag Rupali" to be delivered in the third quarter of FY 2005-06. The company has now informed the Exchange that the Company has sold and delivered its 1983 built 37,092 dwt Handysize Dry Bulk Carrier "Jag Rupali". The details of the press release issued by the Company in this regard shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has sold and delivered its 1983 built 35,676 dwt Handysize Dry Bulk Carrier "Jag Radha". A press release to be issued by the Company in this regard shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Equity Shareholders and the Secured Creditors of the Company have at the Court Convened Meeting held on November 16, 2005 approved the Scheme of Arrangement (Demerger of the Offshore Division).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has sold and delivered 2003 built 46,346 dwt Double Hull Medium Range Product Tanker "Jag Prakash". A press release being issued by the Company in this respect shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr.Bharat K Seth, Deputy Chairman & Managing Director of the company, has acquired 200,000 shares on October 31, 2005 of Great Eastern Shipping Co. Ltd. The mode of acquisition is market purchase and the shareholding of Mr.Bharat K Seth after the said acquisition is 11,083,574 shares aggregating to 5.82% of the total share capital of the Great Eastern Shipping Co. Ltd.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BODs at their meeting held on October 27, 2005 have declared an interim dividend of Rs.4/- per share to the equity shareholders of the Company which will be paid to the equity shareholders on or after November 09, 2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to sell a 1983 built 37,092 dwt Handysize Dry Bulk Carrier "Jag Rupali" to be delivered in the third quarter of FY 2005-06. The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BODs of the Company vide Circular Resolution dated October 20, 2005 have fixed November 5, 2005 as Record date for the purpose of ascertaining the shareholders eligible for receiving the interim dividend if declared by the BODs at their meeting to be held on October 27, 2005. The Company has further informed that the interim dividend, if declared by the Board of Directors, will be paid to the shareholders on or after November 09, 2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr.Ravi K Seth, Executive Vice President of the company in his individual capacity has acquired 50000 shares on September 26, 2005 and 89826 shares on September 27, 2005 of Great Eastern Shipping Co. Ltd.. The mode of acquisition is market and the shareholding of Mr.Ravi K Seth after the said acquisition is 11,825,526 shares aggregating to 6.21% of the total share capital of the company. The company has further informed that Mr.Ravi.K.Seth jointly with others holds 64,082 shares aggregating to 0.03% of the total share capital of G

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has sold and delivered 1977 built 35,662 dwt Handysize Dry Bulk carrier "Jag Ratna". The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr. Bharat K. Sheth, Deputy Chairman & Managing Director of the Company, has acquired in aggregate 3,00,000 equity shares of Great Eastern Shipping Co. Ltd. on September 23, 2005. The mode of acquisition is market and the shareholding of Mr. Bharat K. Sheth after the said acquisition is 10,883,574 equity shares aggregating to 5.72% of the share capital of Great Eastern Shipping Co. Ltd..

Great Eastern Shipping Co. Ltd. has informed the Exchange that Mr. Bharat K. Sheth, Deputy Chairman & Managing Director of the Company, has acquired in aggregate 5,60,174 equity shares of Great Eastern Shipping Co. Ltd. as follows: (1) On September 19, 2005 - 386,103 shares; (2) On September 20, 2005 - 113,897 shares; (3) On September 21, 2005 - 50,000 shares and (4) On September 22, 2005 - 10,174 shares. The mode of acquisition is market and the shareholding of Mr. Bharat K. Sheth after the said acquisition is 10,583,574 shares aggregating to 5.56% of the share capital of Great Eastern Shippi

Great Eastern Shipping Co. Ltd. has informed the Exchange that the company has contracted to sell a 1983 built 35,676 DWT Handysize Dry Bulk carrier "Jag Radha" to be delivered in the third quarter of Fy 2005-06. The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the company has contracted to sell a 1977 built 35,662 DWT Handysize Dry Bulk carrier "Jag Ratna" to be delivered in the next few weeks. The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BODs at their meeting held on September 15, 2005, have approved the Scheme of Arrangement pursuant to which the Offshore Division of the Company will be demerged into a separate Company "Great Offshore Limited" (Resulting Company) w.e.f. April 01, 2005. The BODs considered the recommendations of the 2 independent valuers Deloitte Haskins & Sells and Kalyaniwalla & Mistry and have decided the share entitlement ratio of 1 fully paid up equity share of Rs.10/- of "Great Offshore Limited" (Resulting Company) to be issued to the sha

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to sell a 2003 built 46,346 dwt Double Hull Medium Range Product Tanker "Jag Prakash" to be delivered in the third quarter of 2005-06. The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BODs of the company met on August 31,2005 and have, in-principle, decided to demerge the offshore division(comprising of oil and gas business and marine logistics business) into a new company. The appointed date of the demerger shall be April 01,2005.Such demerger shall qualify as a demerger within the meaning of Section 2 (19AA) of the Income Tax Act,1961 and shall be carried out under the provisions of Section 391 to 394 of the Companies act,1956.Consequent upon such demerger the company's share capital shall stand reduced pr

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Board of Directors have at their meeting held on August 12, 2005 appointed Mr. Bharat Sheth as the Deputy Chairman of the Company with immediate effect. He was earlier Managing Director of the Company. He is now re-designated as Dy. Chairman and Managing Director.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one New Building Platform Supply Vessel from Bharati Shipyard Limited. The Vessel has been named "Malaviya Twenty Four". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the drill barge "Badrinath" chartered to ONGC through the Company's wholly owned subsidiary Deep Water Services (India) Limited which encountered bad weather conditions on June 20, 2005, became non-operational. The weather conditions have further worsened and all the personnel/crew are being evacuated. In the meanwhile the Rig continues to be off-hire.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has issued a press release in respect of its Unaudited Financial Results for the quarter ended June 30, 2005. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that Life Insurance Corporation of India has acquired 200,000 shares aggregating to 0.11% of the total paid up capital of Great Eastern Shipping Co. Ltd. The date of acquisition is July 05, 2005 and the mode of acquisition is through Open Market. The shareholding of Life Insurance Corporation of India after the said acquisition is 95,98,101 shares aggregating to 5.04% of the total paid up capital of Great Eastern Shipping Co. Ltd..

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has sold and delivered the 1987 built 96967 dwt Single Hull Aframax Tanker "Jag Laila".

Great Eastern Shipping Co. Ltd. has informed the Exchange regarding the demise of the Company's Executive Deputy Chairman Mr. Sudhir Mulji on July 15, 2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange of the initial disclosure received from the following three designated employees about their shareholding (including family members) in the Company. The details are as follows: 1) Mr. Anjan Kumar Sahu, General Manager holds 1080 shares; 2) Mr. Ramesh Narayan, Asst. Manager holds 432 shares; 3) Mr. Ramanand Kamath, Manager holds 360 shares.

Great Eastern Shipping Co. Ltd. has informed the Exchange that due to an unexpected technical snag the Company's Suezmax tanker (158344 dwt) "Jag Lalit" is on its way to Japan for carrying out necessary repairs. These repairs are expected to take around 50 to 60 days.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has sold and delivered the 1990 built 2,61,167 dwt VLCC "Vasant J Sheth". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of a 2000 built, 45,659 DWT Handymax Dry Bulk Carrier "Cora Oldendorff". The Vessel has been renamed "Jag Reena". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to sell a 1987 built 96,967 dwt Single Hull Aframax Tanker "Jag Laila" to be delivered during August 2005. The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of 2003 built, 52364 DWT Handymax Dry Bulk carrier "Phillip Oldendorff". The Vessel has been renamed "Jag Rahul". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the company has allotted 2430 equity shares of the company to Mr.Jaysukhlal J Doshi from the abeyance quota of rights issue 1992 & 1994 pursuant to the order of the Special Court(Trail of offences relating to transactions in Securities)Act,1992 Mis Application No 21 of 2005 in the Mis application No 437 of 2003.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one new building 158,344 DWT Suezmax Tanker (Ice Class 1B notation). The Vessel has been named "Jag Lalit". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of a 1997 built 45342 DWT Handymax Dry Bulk Carrier "Sea Satin" renamed "Jag Ravi". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BODs at the meeting held on April 29, 2005 have recommended a final dividend @ Rs. 3/- per share for the year ended March 31, 2005 on 190339975 equity shares of Rs. 10/- each. With the interim dividend of Rs. 3.50 per share and Rs. 2.50 per share declared and paid in November 2004 and February 2005 the total dividend for the year works out to Rs. 9/- per share. The final dividend, if approved by the members, will be paid on or after June 28, 2005. Further the company has informed that the Register of Members and the Share Trans

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to sell a 1990 built 2,61,167 dwt VLCC "Vasant J Sheth" to be delivered during the first quarter of FY 2005-06. The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one new building 133 Ton Anchor Handling Tug Supply Vessel (AHTSV). The Vessel has been named "Malaviya Twenty One". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to acquire a 2000 built (around 46000 DWT) Handymax Dry Bulk Carrier. The Vessel is expected to be delivered in the first quarter of FY 2005-06. The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one new building 159,000 DWT Suezmax Tanker (Ice Class 1 B notation). The Vessel has been named "Jag Lok". The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to acquire a second hand 2003 built (around 52000 DWT) Handymax Dry Bulk carrier. The vessel is expected to be delivered in the first quarter of FY 2005-06. The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to acquire a second hand 1997 built 45342 DWT Handymax Bulk Carrier. The vessel is expected to be delivered in April-May 2005. The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).