(1) (a) Statement Showing Shareholding Pattern    
Aban Offshore Ltd.        
Scrip Code    : ABAN Quarter ended :: 31.12.2006    
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 16 8003205 7402975 21.69 21.69
  Undivided Family          
(b) Central Government /          
  State Government(s)           
(c) Bodies Corporate 4 6693070 6693070 18.14 18.14
(d) Financial           
  Institutions / - - - - -
  Banks          
(e) Any Other - - - - -
  ( Specify)          
  Sub-Total (A) (1) 20 14696275 14096045 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 23025025 14096045 62.42 62.42
(B)  Public          
  Shareholding  - - - - -
(1) Institutions - - - - -
(a) Mutual Funds / 24 1194571 1169171 3.24 3.24  
  UTI          
(b) Financial 8 66975 64775 0.18 0.18
  Institutions /          
  Banks          
(c) Central           
  Government / - - - - -
  State          
  Government           
(d) Venture Capital          
  Funds - - - - -
  Institutional          
  Investors          
(e) Insurance - - - - -
  Companies          
(f) Foreign 45 5252064 5238764 14.24 14.24
  Institutional          
  Investors          
(g) Foreign Venture - - - - -
  Capital Investors          
(h) Any Other - - - - -
  (Specify)          
  Sub- Total (B)(1) 77 6513610 6472710 17.66 17.66
             
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 558 1290934 1248904 3.50 3.50
(b) Individuals -          
  i. Individual 15502 4855356 3278190 13.16 13.16
  Shareholders          
  holding nominal          
  share capital up to          
  Rs. 1 lakh          
  ii. Individual 8 1115473 1115473 3.02 3.02
  Shareholders          
  holding nominal          
  share capital excess          
  Rs. 1 lakh          
(c) Any other(Specify)          
Clearing Member

253

90677

90677

0.25

0.25

  
  Trust 2 200 200 0.01 0.01
  Sub- Total (B) (2) 16323 7352640 5733444 19.93 19.93
  Total Public          
  Shareholding          
  (B) = (B)(1)+(B)(2) 16400 13866250 12206154 37.58 37.58
  Total (A) +(B) 16421 36891275 26302199 100.00 100.00
( C) Shares held by          
  Custodians and          
  against which  - - - - -
  Depository Receipts          
  have been          
  issued          
  Grand Total           
  (A)+(B)+ ( C) 16421 36891275 26302199 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 7305 0.02    
3 C P Gopalkrishnan 23750 0.06    
           
  Total 31305 0.08    
  Grand Total 23025025 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

 Citi Group Global Markets Mauritius Private Ltd. 957222 2.59    
2 BSMA Limited 659945 1.79    
3 ABN Amro Bank N V London Br 713174 1.93      
4 The Master Trust Bank Of Japan, Ltd. A/C Nomura India Investment Fund Mother Fund 843157 2.29      
5 Morgan Stanley Investment 
Managment Inc A/c Morgan Stanley India Invetment Fund Inc		 632735 1.72    
6 Morgan Stanley Mutual Fund A/c Morgan Stanley Growth Fund 468430 1.27      
7 Vivek Mundra 513700 1.39    
8 Jet Age Securites Pvt Ltd. 419000 1.14    
             
(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 -- -- --