DRYSHIPS INC.

CUSIP: 262498AB4 Class: CNV

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014
Shares 20,000,000 Value ($000) $19,784 Avg Close Range
Q2 2014
Shares 20,000,000 Value ($000) $19,783 Avg Close Range
Q1 2014
Shares 20,000,000 Value ($000) $19,805 Avg Close Range
Q4 2013
Shares 13,471,000 Value ($000) $13,572 Avg Close Range
Q3 2013
Shares 3,500,000 Value ($000) $3,410 Avg Close Range