X0202 4 2005-06-29 0 0001065648 TBS INTERNATIONAL LTD TBSI 0001325587 Meimaris Alkis N 612 EAST GRASSY SPRAIN ROAD YONKERS NY 10710 0 1 0 0 Executive Vice President Class A Common Shares, par value $0.01 per share 2005-06-29 4 M 0 369322 0.00 A 369322 D Class B Common Shares, par value $0.01 per share 2005-06-29 4 M 0 715683 0.00 A 609888 D Class A Common Shares, par value $0.01 per share 2005-06-29 4 S 0 56862 10.00 D 418255 D Class A Common Shares, par value $0.004 per share 2005-06-29 4 M 0 75000 D See Note 0 D Class B Common Shares, par value $0.004 per share 2005-06-29 4 M 0 75000 D See Note 0 D Class C Common Shares, par value $0.004 per share 2005-06-29 4 M 0 130000 D See Note 0 D Preference Shares, par value $0.004 per share 2005-06-29 4 M 0 75000 D See Note 0 D These shares resulted automatically upon the share conversions, consolidations, redesignations and warrant exercise of the Issuer's issued and outstanding shares which are expected to occur in conjunction with its planned initial public offering and reflected in the Issuer's Form S-1 (File No. 333-123157). Pursuant to the provisions in the Issuer's amended and restated bye-laws, these shares are convertible into an equal number of Class A common shares, par value $0.01 per share. Pursuant to the provisions in the Issuer's amended and restated bye-laws, these shares are convertible into an equal number of Class B common shares, par value $0.01 per share. These shares automatically converted upon the share conversions, consolidations, redesignations and warrant exercise of the Issuer's issued and outstanding shares which are expected to occur in conjunction with its planned initial public offering and reflected in the Issuer's Form S-1 (File No. 333-123157). Not applicable. In conjunction with the Issuer's planned initial public offering, these Class A common shares, par value $0.004 per share, converted into 65,021 New Class A common shares, par value $0.01 per share, and 126,000 New Class B common shares, par value $0.01 per share, of the Issuer. In conjunction with the Issuer's planned initial public offering, these Class B common shares, par value $0.004 per share, converted into 61,555 New Class A common shares, par value $0.01 per share, and 119,283 New Class B common shares, par value $0.01 per share, of the Issuer. In conjunction with the Issuer's planned initial public offering, these Class C common shares, par value $0.004 per share, converted into 112,703 New Class A common shares, par value $0.01 per share, and 218,400 New Class B common shares, par value $0.01 per share, of the Issuer. In conjunction with the Issuer's planned initial public offering, these Preference Shares, par value $0.004 per share, converted into 130,042 New Class A common shares, par value $0.01 per share, and 252,000 New Class B common shares, par value $0.01 per share, of the Issuer. By: /s/ Tara C. DeMakes Name: Tara C. DeMakes Attorney-in-Fact 2005-07-01