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Stock Trading History of Kelso Gp Vii, L.p.

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Kelso Gp Vii, L.p. since year 2005. The trader's CIK number is 1331367. At the time of this reporting, Kelso Gp Vii, L.p. is the 10% Owner of Eagle Bulk Shipping Inc. (stock ticker symbol EGLE).

Stock purchases, sales, and option exercises reported by *Kelso Gp Vii, L.p.* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-01-16	EGLE	Eagle Bulk Shipping Inc.	Sale	7,202,679	16.93	121,941,355
2006-11-17	EGLE	Eagle Bulk Shipping Inc.	Sale	2,700,000	15.51	41,877,000
2006-09-18	EGLE	Eagle Bulk Shipping Inc.	Sale	2,300,000	14.52	33,396,000
2005-11-22	EGLE	Eagle Bulk Shipping Inc.	Sale	301,039	14.50	4,365,065

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Kelso Gp Vii, L.p. (10% Owner of Eagle Bulk Shipping Inc. at the time of this reporting) see the Securities and Exchange Commission (SEC) website.