Diana Shipping Inc. Reports Financial Results for the Year and the Fourth Quarter Ended December 31, 2005 Declares Cash Dividend of $0.40 per share for the Fourth Quarter Conference Call and Webcast to be Held February 17, 2006

Diana Shipping Inc. Schedules Fourth Quarter and Year 2005 Earnings Release, Dividend Declaration and Conference Call

Diana Shipping Inc. Announces Time Charter Agreement for Newbuilding Bulk Carrier, the Coronis

Diana Shipping Inc. Takes Delivery of Panamax Newbuilding Bulk Carrier

Diana Shipping Inc. Announces New Time Charter Agreement with BHP Billiton

Diana Shipping Inc. Announces Two New Time Charter Agreements with Cargill International

Diana Shipping Inc. President Anastassis Margaronis Interviewed by Wall Street Reporter

Diana Shipping Inc. Provides Dividend Guidance for the Fourth Quarter of 2005

Diana Shipping Inc. Announces Completion of Follow-On Offering

Diana Shipping Inc. takes delivery of new vessel