In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

CONTACT: Corporate Contact:         Ioannis Zafirakis         Director, Executive Vice-President and Secretary         Telephone: + 30-210-947-0100         Email: izafirakis@dianashippinginc.com                  Investor and Media Relations:         Edward Nebb         Comm-Counsellors, LLC         Telephone: + 1-203-972-8350         Email: enebb@optonline.net

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