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 (1) (a) Statement Showing Shareholding Pattern    
Aban Offshore Ltd.        
Scrip Code    : ABAN Quarter ended :: 31.3.2007    
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
        from 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 7402975 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 14096045 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 14096045 62.3521 62.3521
(B)  Public          
  Shareholding  - - - - -
(1) Institutions - - - - -
(a) Mutual Funds / 27 920847 895947 2.4925 2.4925  
  UTI          
(b) Financial 6 18430 16430 0.0498 0.0498
  Institutions /          
  Banks          
(c) Central           
  Government / - - - - -
  State          
  Government           
(d) Venture Capital          
  Funds - - - - -
  Institutional          
  Investors          
(e) Insurance - - - - -
  Companies          
(f) Foreign 71 6079995 6066695 16.4576 16.4576
  Institutional          
  Investors          
(g) Foreign Venture - - - - -
  Capital Investors          
(h) Any Other - - - - -
  (Specify)          
  Sub- Total (B)(1) 104 7019272 6978872 19.0001 19.0001
             
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 499 940199 898169 2.5449 2.5449
(b) Individuals -          
  i. Individual 14735 4593866 3064749 12.4349 12.4349
  Shareholders          
  holding nominal          
  share capital up to          
  Rs. 1 lakh          
  ii. Individual 9 1307165 1307165 3.5383 3.5383
  Shareholders          
  holding nominal          
  share capital excess          
  Rs. 1 lakh          
(c) Any other(Specify)          
Clearing Member

199

47420

47420

0.1283

0.1283

  
  Trust 3 408 408 0.0011 0.0011
  Sub- Total (B) (2) 15445 6889058 5317911 18.6476 18.6476
  Total Public          
  Shareholding          
  (B) = (B)(1)+(B)(2) 15549 13908330 12296783 37.6478 37.6478
  Total (A) +(B) 15560 36943255 26392828 100.00 100.00
( C) Shares held by          
  Custodians and          
  against which  - - - - -
  Depository Receipts          
  have been          
  issued          
  Grand Total           
  (A)+(B)+ ( C) 15560 36943255 26392828 100.00 100.00
(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)
  Indian Promoters          
1 Saley Abraham 1923306 5.2061    
3 Reji Abraham 4836306 13.0912    
4 Renny Abraham (Deceased) 882165 2.3879    
5 Aban Investments (P) Ltd 5653070 15.3020    
6 Aban Ventures (P) Ltd 1040000 2.8151    
7 Deepa Reji Abraham 30000 0.0812    
8 Shema Renny Abraham 300123 0.8124    
  Total 14664970 39.6959    
           
  Foreign Promoters        
1 Collaborators -        
  India Offshore Inc. 8328750 22.5447    
           
  Total 8328750 22.5447    
           
  Persons Acting in Concert        
1 V S Rao 250 0.0006    
2 P Venkateswaran 12105 0.0328    
3 C P Gopalkrishnan 28850 0.0781    
           
  Total 31305 0.1115    
  Grand Total 23034925 62.3522      
             
(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

 Citi Group Global Markets Mauritius Private Ltd. 699207 1.8926    
2 BSMA Limited 674945 1.8269    
3 ABN Amro Bank N V London Br 671722 1.8182      
4 The Master Trust Bank Of Japan, Ltd. A/C Nomura India Investment Fund Mother Fund 835000 2.2602      
5 Morgan Stanley Investment 
Managment Inc A/c Morgan Stanley India Invetment Fund Inc		 632735 1.7127    
6 Morgan Stanley Mutual Fund A/c Morgan Stanley Growth Fund 468430 1.27      
7 Vivek Mundra 548700 1.4853    
8 Jet Age Securites Pvt Ltd.        
             
(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 -- -- --