Dryships to Announce 2Q Results

DryShips Inc., announced that it will release its results for the second quarter and six months ended June 30, 2007, after the market closes in New York on Tuesday August 21, 2007. DryShips’ management team will host a conference call on Wednesday, August 22, 2007, at 10:00 a.m., Eastern Daylight Saving Time (EDT) to discuss the Company’s financial results.