DRYSHIPS INC. ANNOUNCES FOURTH QUARTER 2010 RESULTS RELEASE

News Release DryShips Inc. March 28, 2011

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ATHENS, GREECE—March 25, 2011 - DryShips Inc. (NASDAQ:DRYS)
(the
"Company" or "DryShips"), a global provider of marine
transportation services for
drybulk and petroleum cargoes, and through its majority owned
subsidiary, Ocean Rig
UDW Inc., of off-shore contract drilling oil services, announced
today that it will release
its results for the fourth quarter 2010 after the market closes in
New York on Wednesday,
March 30, 2011.
DryShips’ management team will host a conference call the
following day on Thursday,
March 31, 2011, at 8:00 a.m. EDT to discuss the Company’s
financial results.
Conference Call details:
Participants should dial into the call 10 minutes before the
scheduled time using the
following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329
(from the UK) or
+(44) (0) 1452 542 301 (from outside the US). Please quote
"DryShips."
A replay of the conference call will be available until April 2,
2011. The United States
replay number is 1(866) 247-4222; from the UK 0(800) 953-1533; the
standard
international replay number is (+44) (0) 1452 550 000 and the
access code required for
the replay is: 2133051#.
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet,
through the DryShips
Inc. website (www.dryships.com). Participants to the live webcast
should register on the
website approximately 10 minutes prior to the start of the
webcast.</DIV></BODY></HTML>