GESHIPPING

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one New Building Offshore Supply Vessel from Bharati Shipyard Limited, India. The Vessel has been named "Malaviya Twenty Seven". Upon demerger of the Offshore Division the vessel will stand transferred to Great Offshore Limited, the resulting company. Further, the company has issued a press release in this connection, titled "G E Shipping takes delivery of new built Offshore Suply Vessel". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corpor

Great Eastern Shipping Co. Ltd. has informed the Exchange regarding a press release, dated September 18, 2006 as follows:- Greatship (India) Limited (GIL) a wholly owned subsidiary of The Great Eastern Shipping Company Limited has contracted to by 4 nos 80T Anchor Handling Tug cum Supply Vessels (AHTSV) being built by Labroy Shipbuilding & Engineering Pte Ltd., Singapore. The vessels are expected to join the Company's fleet immediately on delivery from the yard during H1 CY 2009. This brings the current order book of GIL including the secondhand acquisions to 10 OSVs - 8 new buildings (2 PSVs

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one New Building Platform Supply Vessel from Brattvaag Skipsverft AS, Norway. The Vessel has been named "Malaviya Thirty". Upon demerger of the Offshore Division the vessel will stand transferred to Great Offshore Limited, the resulting company. Further, the company has issued a press release in this connection dated September 14,2006, titled "G E Shipping takes delivery of new built PSV". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corpor

Great Eastern Shipping Co. Ltd. has informed the Exchange that Greatships (India) Limited, a wholly owned subsidiary of the Company has contracted to acquire a 2005 built Platform Supply Vessel. The said vessel is expected to be delivered during the second quarter of FY 2007-08. The Company has submitted a copy of press release in this regard titled "Greatship (India) Limited contracts to buy a modern Platform Supply Vessel". 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 (/Com

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to acquire a 1996 built (around 164,796 DWT) modern Capesize dry bulk carrier. The vessel is expected to be delivered in the fourth quarter of FY 2006-07. A copy of the press release to be issued in this connection dated September 07, 2006, titled "G E Shipping contracts to buy Capesize Drybulk carrier", 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 the Company has contracted to acquire a new building Self Propelled (Cantilever type) Independent Leg, Jack Up Drilling unit with Bharati Shipyard Limited, expected to be delivered during the fourth quarter of calender year 2008. Upon demerger of the Offshore Division the Drilling unit will stand transferred to Great Offshore Limited, the resulting company. The company has issued a press release in this connection dated August 28, 2006, titled "G E Shipping orders a new building Self Propelled (Cantilever type) Independent leg, Jac

Great Eastern Shipping Co. Ltd. had informed the Exchange that the Company has sold and delivered its 1985 built, 95,007 dwt Aframax Crude Carrier "Jag Leena". The Company has in this regard issued a press release dated August 25, 2006 titled "'Jag Leela' delivered to the buyers". 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 the Company has contracted to acquire 2 new building Anchor Handling Tug cum Supply Vessels (AHTSVs). The said vessels are expected to be delivered during the third and fourth quarter of FY 2007-08. Further, the company has issued a press release in this regard dated August 21, 2006, titled �Greatship (India) Limited orders 2 AHTSVs�. 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 the Company has contracted to acquire a 1996 built (around 147,834 DWT) modern Double Hull Suezmax Tanker. The Vessel is expected to be delivered in the third quarter of FY 2006-07. Further, the company has issued a press release in this regard dated August 17,2006, titled �G E Shipping contracts to buy a modern double hull Suezmax crude carrier�. 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 Ann

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Board of Directors at its meeting held on August 09,2006 decided to seek an extension of time from the Hon'ble Bombay High Court to obtain the remaining approvals and to complete the Demerger process. A copy of the press release in this regard 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 regarding a press release to be issued dated August 09, 2006, which is follows: "Greatship (India) Limited (GIL) a wholly owned subsidiary of The Great Eastern Shipping Co. Ltd. took delivery of a modern midsized Platform Supply Vessel (PSV). This will be the first offshore asset owned by the company and is named "Greatship Disha". With this delivery GIL has a current orderbook comprising 3 PSVs (1 Secondhand and 2 New Buildings to be delivered in H2 FY 2006-07 and Q2 and Q3 of FY 2008-09 respectively)".

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has signed a Contract with STX Shipbuilding Company Ltd., Korea for 2 New Building "Long Range One" (LR1) Product Tankers of 74,500 DWT each. The said vessels are expected to be delivered during the 3rd quarter of Financial year 2008-09. A press release with regards to the same to be issued by the company is as follows : "With a view to modernise its fleet, G E Shipping has ordered two new building Long Range One (LR1) Product tankers from STX Shipbuilding Company Ltd., Korea. The vessels, of around 74,500 dwt each, ar

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has contracted to sell a 1985 built, 95,007 dwt Aframax Crude Carrier "Jag Leena" to be delivered during the second quarter of FY 2006-2007. The Company has also submitted a copy of press release titled "G E Shipping sells single hull Aframax Crude Carrier". 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 the Company has taken delivery of one New Building Platform Supply Vessel from Brattvaag Skipsverft AS, Norway. The Vessel has been named "Malaviya Twenty Nine". Upon demerger of the Offshore Division the vessel will stand transferred to Great Offshore Limited, the resulting company. A copy of the press release in this regard 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 the Company through one of its wholly owned subsidiary has placed a new building order for a "350 ft. Jack Up Rig" with Keppel FELS Ltd., Singapore. The said Rig is expected to be delivered during Q4 of C.Y.2009. A copy of the press release in this connection dated June 15,2006, titled "A new building Jack Up Rig Ordered" 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 the company has sold and delivered its 1996 built,about 44,000 dwt MR Product Carrier "Jag Prachi". A copy of the press release to be issued in this connection dated May 30, 2006, titled ' "Jag Prachi" delivered to the buyers' 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 Greatship (India) Limited a wholly owned subsidiary of the Company has contracted to acquire 2 "Platform Supply Vessels" as follows: (1) A 1999 built "Platform Supply Vessel" which is expected to be delivered during Q2 of FY 2006-07. (2) A 2003 built "Platform Supply Vessel" which is expected to be delivered during the second half of F.Y 2006-07. A press release to be issued in this connection titled "Greatship (India) Limited contracts to buy two secondhand PSVs" shall be available on the NSE website (http://www.nseindia.com) und

Great Eastern Shipping Co. Ltd. has informed the Exchange Exchange regarding a press release dated,April 25, 2006, titled, "G E Shipping sells MR Product 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 Greatship (India) Limited a wholly owned subsidiary of the company has signed a contract with Aker Yard ASA , Norway for 2 New Building 'Platform Supply Vessels". The said vessels are expected to be delivered during Q2 and Q3 of F.Y. 2008-2009. The company has issued the press release in this respect on April 24, 2006 titled " Greatship (India) Limited orders 2 PSVs". 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 (/Comm

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of a January 2006 built 110,531 DWT modern Double Hull Aframax Crude Carrier, "Tian E Zhou." The Vessel has been renamed "Jag Lyall". A Press Release being issued in this connection, dated March 30, 2006, titled, "Double Hull Aframax Crude Carrier Delivered." 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 the company has signed a Contract with STX Shipbuilding Company Ltd., Korea for 2 New Building " Long Range One" ( LR1) Product Tankers of 74,500 DWT each. The said vessels are expected to be delivered by mid calender year 2009. Press release dated, March 27, 2006, titled, " G E Shipping contracts two newbuilding product tankers" 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 the company has signed a contract with STX Shipbuilding Company Ltd., Korea for 2 New Building "Long Range One"(LR1) Product Tankers of 74,500 DWT each. The said vessels are expected to be delivered by mid Calendar Year 2009. A copy of the press release to be issued in this connection 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 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. 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 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 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 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 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 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 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 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 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 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 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).

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company has taken delivery of one 1988 built 96,551 DWT Aframax Crude Carrier. The Vessel has been renamed 'Jag Labh'. 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 sold and delivered the 1986 built Aframax Tanker "Jag Larjish". The company has issued a press release regarding the same. The details of the press release issued by the Company 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 buy a 1988 built Aframax crude carrier. The 96551 dwt vessel built at Sumitomo Heavy Industries, Japan is expected to be delivered in the fourth quarter of FY 2004-05. The Company's current fleet of 71 vessels comprises 41 ships and 30 offshore assets. The company also has 15 newbuilding vessels on order with deliveries starting from January 2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange that they have acquired a 17577 dwt LPG Carrier. Now named 'Jag Viraj', the ship was built in 1991 at Hyundai Heavy Industries Co. Ltd., South Korea. The acquisition forms part of the Company's plan to build a minimum sized fleet in each of the energy transportation business. The Company acquired the ship with a three year time charter with an option for one more year, thereby derisking its earnings. With this addition, the Company's total fleet size has increased to 71 vessels comprising 41 ships (13 crude tankers, 17 product tankers,

Great Eastern Shipping Co. Ltd. has informed the Exchange that GE Shipping signed a contract for 2 new building MR Product / Chemical carriers of 37000 dwt each. The product carriers with "1A Ice Class" notation will be built at Hyundai Mipo Dockyard Co. Ltd, S. Korea with deliveries scheduled in February and April 2007. The decision to contract the said tankers is in alignment with the Company's overall strategy to provide greater value to its customers.