X0206 3 2016-03-30 0 0001322439 Eagle Bulk Shipping Inc. EGLE 0001278951 GOLDENTREE ASSET MANAGEMENT LP 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks 0001435627 GoldenTree Asset Management LLC 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks 0001435626 Tananbaum Steven A. 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks Common Stock, par value $0.01 per share ("Common Stock") 350106 I See footnotes Common Stock 2355821 I See footnotes Common Stock 54963 D Warrants 27.82 2014-10-15 2021-10-15 Common Stock 182 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 374 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 2222 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 81 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 363 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 163 I See footnotes Warrants 27.82 2014-10-15 2021-10-15 Common Stock 83 I See footnotes See Exhibit 99.1; footnote (1). See Exhibit 99.1; footnote (2). See Exhibit 99.1; footnote (3). See Exhibit 99.1; footnote (4). See Exhibit 99.1; footnote (5). See Exhibit 99.1; footnote (6). See Exhibit 99.1; footnote (7). See Exhibit 99.1; footnote (8). See Exhibit 99.1; footnote (9). See Exhibit 99.1; footnote (10). See Exhibit 99.1; footnote (11). List of Exhibits: Exhibit 99.1: Explanation of Responses Solely for purposes of Section 16 of the Exchange Act, each of the Advisor and, by virtue of their control of the Advisor, the General Partner and Steven A. Tananbaum may be deemed to be directors-by-deputization by virtue of the contractual right of the Advisor to designate a member of the board of directors of EGLE. Casey Shanley has been designated by the Advisor to serve as a member of EGLE's board of directors. GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, By: /s/ Steven A. Tananbaum, its Managing Member 2016-03-31 GoldenTree Asset Management LLC, By: /s/ Steven A. Tananbaum, its Managing Member 2016-03-31 /s/ Steven A. Tananbaum 2016-03-31