(1) (a) Statement Showing Shareholding Pattern    
Aban Offshore Ltd.        
Scrip Code    : ABAN Quarter ended :: 30.09.2006    
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 9 8002905 7402675 21.70 21.70
  Undivided Family          
(b) Central Government /          
  State Government(s)           
(c) Bodies Corporate 2 6693070 6693070 18.14 18.14
(d) Financial           
  Institutions / - - - - -
  Banks          
(e) Any Other - - - - -
  ( Specify)          
  Sub-Total (A) (1) 11 14695975 14095745 39.84 39.84
(2) Foreign          
(a)  Individual (Non -     - - -
  Resident           
  Individuals /          
  Foreign          
(b) Bodies Corporate 1 8328750 - 22.58 22.58
(c) Institutions          
(d) Any  other          
  (Speficy) - - - - -
  Sub-Total (A) (2) 1 8328750 - 22.58 22.58
  Total           
  Shareholding of          
  Promoter and          
  Promoter Group          
  (A) = (A 1) +(A 2) 12 23024725 14095745 62.42 62.42
(B)  Public          
  Shareholding  - - - - -
(1) Institutions - - - - -
(a) Mutual Funds / 24 1255436 1230036 3.40 3.40  
  UTI          
(b) Financial 7 53341 51141 0.14 0.14
  Institutions /          
  Banks          
(c) Central           
  Government / - - - - -
  State          
  Government           
(d) Venture Capital          
  Funds - - - - -
  Institutional          
  Investors          
(e) Insurance - - - - -
  Companies          
(f) Foreign 45 4735449 4722149 12.84 12.84
  Institutional          
  Investors          
(g) Foreign Venture - - - - -
  Capital Investors          
(h) Any Other - - - - -
  (Specify)          
  Sub- Total (B)(1) 76 6044226 6003326 16.39 16.39
             
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 571 1388191 1343561 3.76 3.76
(b) Individuals -          
  i. Individual 16599 5186745 3561930 14.06 14.06
  Shareholders          
  holding nominal          
  share capital up to          
  Rs. 1 lakh          
  ii. Individual 8 1146090 1146090 3.11 3.11
  Shareholders          
  holding nominal          
  share capital excess          
  Rs. 1 lakh          
(c) Any other(Specify)          
Clearing Member

189

92473

92473

0.25

0.25

 
  Trust 7 4145 4145 0.01 0.01
  Sub- Total (B) (2) 17374 7817644 6148199 21.19 21.19
  Total Public          
  Shareholding          
  (B) = (B)(1)+(B)(2) 17450 13861870 12151525 37.58 37.58
  Total (A) +(B) 17462 36886595 26247270 100.00 100.00
( C) Shares held by          
  Custodians and          
  against which  - - - - -
  Depository Receipts          
  have been          
  issued          
  Grand Total           
  (A)+(B)+ ( C) 17462 36886595 26247270 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 M A Abraham (Deceased) 398540 1.08    
2 Saley Abraham 1724036 4.67    
3 Reji Abraham 4637036 12.57    
4 Renny Abraham (Deceased) 882165 2.39    
5 Aban Investments (P) Ltd 5653070 15.33    
6 Aban Ventures (P) Ltd 1040000 2.82    
7 Deepa Reji Abraham 30000 0.08    
8 Shema Renny Abraham 300123 0.81    
  Total 14664970 39.76    
           
  Foreign Promoters        
1 Collaborators -        
  India Offshore Inc. 8328750 22.58    
           
  Total 8328750 22.58    
           
  Persons Acting in Concert        
1 V S Rao 250 0.00    
2 P Venkateswaran 7005 0.02    
3 C P Gopalkrishnan 23750 0.06    
           
  Total 31005 0.08    
  Grand Total 23024725 62.42      
             
(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

Nomura India Investment Fund Mother Fund. 873157 2.37    
2 BSMA Limited 700000 1..90    
3 Morgan Stanley Investment 
Managment Inc A/c Morgan Stanley India Invetment Fund
659435 1.79      
4 Vivek Mundra 513700 1.39      
5 ABN Amro Bank N V London Br 532559 1.44    
6 Citi Group Global Markets Mauritius Private Ltd 554708 1.50      
7 Morgan Stanley Mutual Fund A/c Morgan Stanley Growth Fund 451498 1.22    
8 Jet Age Securites Pvt Ltd. 414000 1.12    
             
(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 -- -- --