DRYSHIPS INC.

CUSIP: 262498AB4 Class: CNV

TENOR CAPITAL MANAGEMENT Co., L.P.'s Holding History (CIK: 0001346554)

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

Q1 2014
Shares 8,000,000 Value ($000) $8,063 Avg Close — Range —
Q4 2013
Shares 28,000,000 Value ($000) $28,337 Avg Close — Range —
Q3 2013
Shares 30,000,000 Value ($000) $29,715 Avg Close — Range —