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US District Court Civil Docket as of 1/10/2012 Retrieved from the court on January 11, 2012 U.S. District Court Southern District of New York (Foley Square) CIVIL DOCKET FOR CASE #: 1:11-cv-07218-PAE Litwin v. Oceanfreight, Inc. et al Assigned to: Judge Paul A. Engelmayer Cause: 15:78m(a) Securities Exchange Act Plaintiff Joan Litwin On behalf of herself and all other Similarly Situated Shareholders Date Filed: 10/13/2011 Date Terminated: 01/10/2012 Jury Demand: Plaintiff Nature of Suit: 850 Securities/Commodities Jurisdiction: Federal Question represented by Joseph Harry Weiss Weiss & Lurie 551 Fifth Ave, New York, NY 10176 (212)682-3025 Fax: 212 682 3010 Email: jweiss@weisslurie.com Mark David Smilow Weiss & Lurie The Fred French Building 551 Fifth Avenue New York, NY 10176 (212) 682-3025 Fax: (212) 682-3010 Email: msmilow@weisslurie.com Michael Allen Rogovin Weiss & Lurie The Fred French Building 551 Fifth Avenue New York, NY 10176 (212)-682-3025 Email: mrogovin@weisslurie.com V. Oceanfreight, Inc. Seward & Kissel LLP

One Battery Park Plaza (212) 574-1200 Fax: (212) 480-8421 Email: paulsen@sewkis.com Seward & Kissel LLP One Battery Park Plaza 212-574-1200 Fax: 212-480-8421 Email: dine@sewkis.com Seward & Kissel LLP One Battery Park Plaza (212) 574-1514 Fax: (212) 480-8421 Email: suser@sewkis.com Dryships, Inc. Ocean RIG UDW, Inc. Pelican Stockholdings, Inc. John Liveris represented by Peter L Simmons Fried, Frank, Harris, Shriver & Jacobson One New York Plaza 212-859-8455 Fax: 212-859-4000 Email: peter.simmons@friedfrank.com represented by Peter L Simmons represented by Peter L Simmons

Konstandinos Kandylidis Anthony Kandylidis Panagiotis A. Korakas

George Biniaris Date Filed # Docket Text 10/13/2011 1 COMPLAINT against George Biniaris, Dryships, Inc., Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Ocean RIG UDW, Inc., Oceanfreight, Inc., Pelican Stockholdings, Inc.. (Filing Fee $ 350.00, Receipt Number 465401019048)Document filed by Joan Litwin.(rdz) (ama). (Entered: 10/14/2011) 10/13/2011 SUMMONS ISSUED as to George Biniaris, Dryships, Inc., Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Ocean RIG UDW, Inc., Oceanfreight, Inc., Pelican Stockholdings, Inc.. (rdz) (Entered: 10/14/2011) 10/13/2011 Magistrate Judge Ronald L. Ellis is so designated. (rdz) (Entered: 10/14/2011) 10/13/2011 Case Designated ECF. (rdz) (Entered: 10/14/2011) 10/14/2011 2 NOTICE OF APPEARANCE by Michael Allen Rogovin on behalf of Joan Litwin (Rogovin, Michael) (Entered: 10/14/2011) 10/14/2011 3 AMENDED COMPLAINT amending 1 Complaint, against George Biniaris, Dryships, Inc., Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Ocean RIG UDW, Inc., Oceanfreight, Inc., Pelican Stockholdings, Inc. with JURY DEMAND.Document filed by Joan Litwin. Related document: 1 Complaint, filed by Joan Litwin.(mro) (Entered: 10/17/2011) 10/31/2011 4 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by Dryships, Inc., Ocean RIG UDW, Inc., Pelican Stockholdings, Inc..(Simmons, Peter) (Entered: 10/31/2011) 10/31/2011 5 NOTICE OF APPEARANCE by Peter L Simmons on behalf of Dryships, Inc., Ocean RIG UDW, Inc., Pelican Stockholdings, Inc. (Simmons, Peter) (Entered: 10/31/2011) 10/31/2011 6 ORDER TO SHOW CAUSE: it is hereby: ORDERED, that the hearing on plaintiffs application is set for November 1, 2011 at 2:00pm in Courtroom 9B of the United States Courthouse, 500 Pearl St., New York, New York 10007; ORDERED, that service of this Order and the papers upon which it is based on: (a) s OceanFreight, Inc., John Liveris, Konstandinos Kandylidis, Anthony Kandylidis,

Panagiotis A. Korakas, and George Biniaris upon Bruce G. Paulsen at Seward & Kissel LLP, One Battery Park Plaza, ; and (b) DryShips, Inc., Ocean Rig UDW, Inc. and Pelican Stockholdings, Inc., upon Peter L. Simmons at Fried Frank, One New York Plaza,, on or before 2:00pm on October 31, 2011 shall be deemed good and sufficient service of this Order. It is finally ORDERED, that defendants' answering papers, if any, shall be served by hand or such other method as the parties shall agree upon the law office of Weiss & Lurie, 1500 Broadway, 16th Floor, New York, New York 10036 on or before 4:00pm on October 31, 2011. filed by Joan Litwin. Plaintiff Show Cause Hearing set for 11/1/2011 at 02:00 PM before Judge Paul A. Engelmayer. (Signed by Judge Paul A. Engelmayer on 10/31/2011) (js) (Entered: 10/31/2011) 10/31/2011 7 MEMORANDUM OF LAW in Support re: 6 Order to Show Cause,,,, of Plaintiff's Application for a Temporary Restraining Order Enjoining The Special Shareholder Meeting Currently Scheduled... Document filed by Joan Litwin. (Smilow, Mark) (Entered: 10/31/2011) 10/31/2011 8 DECLARATION of Mark D. Smilow in Support. Document filed by Joan Litwin. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit B-1, # 4 Exhibit C, # 5 Exhibit D, # 6 Exhibit E, # 7 Exhibit F, # 8 Exhibit G, # 9 Exhibit H, # 10 Exhibit I, # 11 Exhibit J, # 12 Exhibit K, # 13 Exhibit L)(Smilow, Mark) (Entered: 10/31/2011) 10/31/2011 9 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. Identifying Corporate Parent Dryships, Inc. for Oceanfreight, Inc.. Document filed by George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc..(Paulsen, Bruce) (Entered: 10/31/2011) 10/31/2011 10 AFFIDAVIT of Bruce G. Paulsen in Opposition re: 6 Order to Show Cause,,,,. Document filed by George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc.. (Attachments: # 1 Exhibit 1 Part 1, # 2 Exhibit 1 Part 2, # 3 Exhibit 2, # 4 Exhibit 3, # 5 Exhibit 4, # 6 Exhibit 5, # 7 Exhibit 6, # 8 Exhibit 7, # 9 Exhibit 8, # 10 Exhibit 9)(Paulsen, Bruce) (Entered: 10/31/2011) 10/31/2011 11 MEMORANDUM OF LAW in Opposition re: 6 Order to Show Cause,,,, for a Temporary Retraining Order, A Preliminary Injunction, and For Expedited Discovery.. Document filed by George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc.. (Paulsen, Bruce) (Entered: 10/31/2011) 10/31/2011 12 NOTICE OF APPEARANCE by Bruce G. Paulsen on behalf of George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc. (Paulsen, Bruce) (Entered: 10/31/2011) 10/31/2011 13 NOTICE OF APPEARANCE by on behalf of George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc. (Dine, Jeffrey) (Entered: 10/31/2011) 10/31/2011 14 NOTICE OF APPEARANCE by on behalf of George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc. (Suser, Ryan) (Entered: 10/31/2011) 11/01/2011 Minute Entry for proceedings held before Judge Paul A. Engelmayer: Oral Argument

held on 11/1/2011. Court to issue a written decision b 9:30am 11/2/11. Defense counsel to fax letter to Court by 7:30pm 11/1/11 regarding all metals case. (mro) (Entered: 11/02/2011) 11/02/2011 15 ORDER: For the foregoing reasons, it is ORDERED that plaintiffs motion for a temporary restraining order and preliminary injunction is DENIED. It is FURTHER ORDERED that plaintiffs request for expedited discovery in this case is DENIED. (Signed by Judge Paul A. Engelmayer on 11/2/2011) (cd) (Entered: 11/02/2011) 11/02/2011 16 RESPONSE re: 6 Order to Show Cause,,,, Responding to caselaw raised at oral argument on 11/1/11. Document filed by George Biniaris, Anthony Kandylidis, Konstandinos Kandylidis, Panagiotis A. Korakas, John Liveris, Oceanfreight, Inc.. (Paulsen, Bruce) (Entered: 11/02/2011) 11/07/2011 Set/Reset Deadlines: Motions due by 11/11/2011. (rdz) (Entered: 11/10/2011) 11/08/2011 17 TRANSCRIPT of Proceedings re: HEARING held on 11/1/2011 before Judge Paul A. Engelmayer. Court Reporter/Transcriber: Tara Jones, (212) 805-0300. Transcript may be viewed at the court public terminal or purchased through the Court Reporter/Transcriber before the deadline for Release of Transcript Restriction. After that date it may be obtained through PACER. Redaction Request due 12/2/2011. Redacted Transcript Deadline set for 12/12/2011. Release of Transcript Restriction set for 2/9/2012.(McGuirk, Kelly) (Entered: 11/08/2011) 11/08/2011 18 NOTICE OF FILING OF OFFICIAL TRANSCRIPT Notice is hereby given that an official transcript of a HEARING proceeding held on 11/1/11 has been filed by the court reporter/transcriber in the above-captioned matter. The parties have seven (7) calendar days to file with the court a Notice of Intent to Request Redaction of this transcript. If no such Notice is filed, the transcript may be made remotely electronically available to the public without redaction after 90 calendar days...(mcguirk, Kelly) (Entered: 11/08/2011) 12/20/2011 19 NOTICE OF INITIAL PRETRIAL CONFERENCE: Initial Conference set for 2/3/2012 at 02:00 PM in Courtroom 18C, 500 Pearl Street, New York, NY 10007 before Judge Paul A. Engelmayer. (Signed by Judge Paul A. Engelmayer on 12/16/2011) (js) (Entered: 12/20/2011) 01/10/2012 20 NOTICE OF VOLUNTARY DISMISSAL Pursuant to Rule 41(a)(1)(A)(i) of the Federal Rules of Civil Procedure, the plaintiff(s) and or their counsel(s), hereby give notice that the above-captioned action is voluntarily dismissed, without prejudice against the defendant(s) All s. Document filed by Joan Litwin. (Smilow, Mark) (Entered: 01/10/2012) 01/10/2012 21 NOTICE OF VOLUNTARY DISMISSAL: Pursuant to Rule 41(a) of the Federal Rules of Civil Procedure, plaintiff, through her undersigned counsel of record, hereby gives notice that she is voluntarily dismissing, with prejudice as to her own claims, any and all plaintiffs claims against defendants in the above-referenced action. (Signed by Judge Paul A. Engelmayer on 1/10/2012 ***as per Chambers) (mro) (Entered: 01/11/2012) Note: Links in this docket are stored in the PACER system (Public Access to Court Electronic Records). PACER is a service of United States Judiciary. To view and retrieve the linked documents from PACER, you must be a registered user. To register, fill out one of the registration forms available on the PACER site. The United States Congress has given the Judicial Conference of the

United States, the judicial governing body of the U.S. Federal Courts, authority to impose user fees for electronic access to case information. For more information visit the PACER site at http://pacer.psc.uscourts.gov/pacerdesc.html