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Great Eastern Shipping Co. Ltd. Capital/Financing Update 2020

Sep 4, 2020

59079_rns_2020-09-04_610d63c2-75de-4526-b969-eee6b099df5e.pdf

Capital/Financing Update

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September 04, 2020

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Our Ref.: S/2020/JMT

BSE Limited

1[st] Floor, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001

National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

Dear Sir,

We wish to inform you that the Company has contracted to sell its 1996 built Very Large Gas Carrier Jag Vidhi of about 78,503 cbm. The vessel will be delivered to the new buyer in Q3 FY 2020-2021.

A Press Release to be issued in this connection is enclosed.

You are requested to kindly take note of the above.

Thanking You, Yours faithfully, For The Great Eastern Shipping Co. Ltd.

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Jayesh M. Trivedi President (Secl. & Legal) & Company Secretary

www.greatship.com

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PRESS RELEASE

G E Shipping contracts to sell its Very Large Gas Carrier

“Jag Vidhi”

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 1996 built Very Large Gas Carrier, Jag Vidhi, of about 78,503 cbm. The vessel will be delivered to the new buyer in Q3 FY 2020-21.

Including Jag Vidhi, the company's current fleet stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carriers) and 13 dry bulk carriers with an average age of 12.37 years aggregating 3.70 mn dwt.

Place: MUMBAI

Date: September 04, 2020

-----------------------------------------visit us at www.greatship.com---------------------------------------

For further details, please email us at: [email protected]

www.greatship.com