DryShips Inc. Announces Reverse Stock Split

ATHENS, GREECE DRYS, (Marketwired Aug 5, 2016) DryShips Inc. (NASDAQ: DRYS) (the Company or DryShips ), an international owner of drybulk carriers and offshore support vessels, announced today that its Board of Directors (the Board ) has determined to effect a 1-for-4 reverse stock split of the Company s common shares. At the Company s special meeting of shareholders on February 19, 2016, the Company s shareholders approved the reverse stock split and granted the Board, or a duly constituted committee thereof, the authority
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