Conference Call and Webcast To Be Held at 10:30 A.M. Eastern Time on November 3, 2005

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Diana Shipping Inc. will conduct a conference call and webcast at 10:30 A.M. Eastern Time on Thursday, November 3, 2005, to discuss financial results for the third quarter and nine months ended September 30, 2005. Investors may access the webcast on the Company’s website at by clicking on the webcast link. The webcast also is accessible at, by clicking on the Diana Shipping link under “Events”. Listeners should allow extra time before the webcast begins to register for the webcast and download any necessary audio software.  The conference call also may be accessed by telephone by dialing 1-888-858-4756  (for U.S.-based callers) or 1-973-935-2405 (for international callers).

A replay of the webcast will be available soon after the completion of the call and will be accessible on both and  A telephone replay will be available by dialing 1-877-519-4471 (for U.S.-based callers) or 1-973-341-3080 (for international callers); callers must enter the code number 6657528.