GESHIPPING

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Board of Directors at their meeting held on October 27,2006 have : 1) declared an interim dividend of Rs.4.00 per share to the equity shareholders of the Company which will be paid to the eligible shareholders on or after November 22,2006. The Company has decided to maintain the Book Closure for demerger i.e. November 15,2006 and November 16,2006 (both days inclusive) as Book Closure for the purposes of ascertaining the shareholders who will be eligible for the interim dividend. The interim dividend declared will be paid on the

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Board of Directors in its meeting held on April 28,2006 have declared an interim dividend of Rs.3.50 per share to the equity shareholders of the Company which will be paid to the equity shareholders on or after May 15,2006. The Board of directors has decided that there will be no further dividend for the financial Year ended March 31,2006.

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 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 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 BODs at their meeting held on January 27,2005 have 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 14,2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the BOD's of the Company vide circular resolution dated January 20, 2005 have fixed February 07, 2005 as Record Date for the purpose of ascertaining the shareholders eligible for receiving the interim dividend if declared by the BOD's at their meeting to be held on January 27, 2005. The interim dividend, if declared by the BOD's will be paid to the shareholders on or after February 14, 2005.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the interim dividend, if declared by the BOD at their meeting to be held on October 29, 2004, will be paid to the shareholders on or after November 10, 2004.