(1) (a) Statement Showing Shareholding Pattern    
Aban Offshore Ltd.          
Scrip Code    : ABAN Quarter ended :: 30.6.2007    
Category Category of Number of Total Number of Total shareholding  as
Code Shareholder Shareholders number of Shares held a percentage of total
      Shares in Dematerlized number of shares
        form As a As a
          Percentage Percentage
          of (A+B) of (A+B+C)
(A) Shareholding of  
  Promoter and
  Promoter Group
(1) Indian  
(a) Individuals / Hindu 8 8013105 7405525 21.6903 21.6903
  Undivided Family          
(b) Central Government / - - - - -
  State Government(s)          
(c) Bodies Corporate 2 6693070 6693070 18.1171 18.1171
(d) Financial          
  Institutions / - - - - -
  Banks          
(e) Any Other - - - - -
  ( Specify)          
  Sub-Total (A) (1) 10 14706175 14098595 39.8074 39.8074
(2) Foreign          
(a) Individual (Non -     - - -
  Resident          
  Individuals /          
  Foreign          
(b) Bodies Corporate 1 8328750 - 22.5447 22.5447
(c) Institutions          
(d) Any  other          
  (Speficy) - - - - -
  Sub-Total (A) (2) 1 8328750 - 22.5447 22.5447
  Total          
  Shareholding of          
  Promoter and          
  Promoter Group          
  (A) = (A 1) +(A 2) 11 23034925 14098595 62.3521 62.3521
(B) Public          
  Shareholding - - - - -
(1) Institutions - - - - -
(a) Mutual Funds / 35 939047 914147 2.5410 2.5410  
  UTI          
(b) Financial 6 18900 16700 0.0511 0.0511
  Institutions /          
  Banks          
(c) Central          
  Government / - - - - -
  State          
  Government          
(d) Venture Capital          
  Funds - - - - -
  Institutional          
  Investors          
(e) Insurance - - - - -
  Companies          
(f) Foreign 83 6051427 6038627 16.3803 16.3803
  Institutional          
  Investors          
(g) Foreign Venture - - - - -
  Capital Investors          
(h) Any Other - - - - -
  (Specify)          
  Sub- Total (B)(1) 124 7009374 6969474 18.9733 18.9733
             
2 Non - Institutions Number of Total Number of Total Shareholding  as
    Shareholders number of Shares held a percentage of total
      Shares in Dematerlized number of shares
        form    
          As a As a
          Percentage Percentage
          of (A+B) of (A+B+C)
(a) Bodies Corporate 674 1050906 1008876 2.8446 2.8446
(b) Individuals -          
  i. Individual 15735 4642744 3156227 12.5672 12.5672
  Shareholders          
  holding nominal          
  share capital up to          
  Rs. 1 lakh          
  ii. Individual 7 1159022 1159022 3.1373 3.1373
  Shareholders          
  holding nominal          
  share capital excess          
  Rs. 1 lakh          
(c) Any other(Specify)       0.0000  
  Clearing Member 123 39957 39957 0.1081 0.1081
  Trust 2 350 350 0.0009 0.0009
  Corporate CM/TM 21 5977 5977 0.0161 0.0161
  Sub- Total (B) (2) 16562 6898956 5370409 18.6744 18.6744
  Total Public          
  Shareholding          
  (B) = (B)(1)+(B)(2) 16686 13908330 12339883 37.6478 37.6478
  Total (A) +(B) 16697 36943255 26438478 100.0000 100.0000
( C) Shares held by          
  Custodians and          
  against which - - - - -
  Depository Receipts          
  have been          
  issued          
  Grand Total          
  (A)+(B)+ ( C) 16697 36943255 26438478   100.0000
(1) (b) Statement Showing Shareholding of Persons belonging to the Category  
          " Promoter and Promoter Group "        
Sr.No Name of the Shareholder Number of Shares as a Percentage of total number of
    Shares shares (i.e. Grand Total (A)+(B)+( C)  
      indicated in Statement at para (1)(a) above)
             
1 India Offshore Inc 8328750 22.5447    
2 Venkateswaran P 12105 0.0328    
3 Shema Renny Abraham 300123 0.8124    
4 Saley Abraham 1923306 5.2061    
5 Reji Abraham 4836306 0.4061    
6 GopalKrishnan C P 28850 0.0781    
7 Renny Abraham 882165 2.3879    
8 Deepa Reji Abraham 30000 0.0812    
9 Aban Investments Ltd. 5653070 15.3020    
10 Aban Ventures Pvt. Ltd. 1040000 2.8151    
11 V S Rao 250 0.0006    
           
  Total 23034925 62.3521    
             
(1) (c) Statement Showing Shareholding of Persons belonging to the Category  
          " Public " and holding more than 1 % of the total number of shares    
Sr.No Name of the Shareholder Number of Shares as a Percentage of total number of
    Shares shares (i.e. Grand Total (A)+(B)+( C)  
      indicated in Statement at para (1)(a) above)
1 Citigroup Global Markets Mauritius Private Limited 710707 1.9237    
2 BSMA Limited 507876 1.3747    
3 The Master Trust Bank of Japan, Ltd. A/C Nomura India Investment Fund Mother Fund 694110 1.8788    
4 Morgan Stanley Investment Management Inc A/C Morgan Stanley India Investment Fund Inc 586235 1.5868    
5 Morgan Stanley Mutual Fund A/c Morgan Stanley Growth Fund 454930 1.2314    
6 Vivek Mundra 542100 1.3997    
           
  Total 3470958 9.3954      
(1) (d) Statement Showing details of locked-in-shares    
Sr.No Name of the Shareholder Number of Shares as a Percentage of total number of
    Shares shares (i.e. Grand Total (A)+(B)+( C)  
      indicated in Statement at para (1)(a) above)
1 -- -- --    
2 -- -- --    
             
(II) (a) Statement Showing details of Depository Receipts (DRs)    
             
Sr.No Type of Outstanding DR Number of Shares underlying outstanding DRs as a  
  (ADRs, GDRs, SDRs, etc) outstanding percentage of total number of  
    DRs shares (i.e. Grand Total (A)+(B)+( C)  
      indicated in Statement at para (1)(a) above)
1 -- -- --    
2 -- -- --    
             
(II) (b) Statement Showing Holdings of Depository Receipts (DRs) where underlying shares are in
          excess of 1 % of the total number of Shares      
Sr.No Name of the DR Holder Number of Shares underlying outstanding DRs as a  
    shares percentage of total number of  
    underlying shares (i.e. Grand Total (A)+(B)+( C)  
    Outstanding DRs indicated in Statement at para (1)(a) above)
1 -- -- --    
2 -- -- --