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Actionable news in SALT: SCORPIO BULKERS Inc,

Scorpio Bulkers Inc. Announces Purchase Of 1,436,352 Common Shares By Scorpio Services Holding Limited

The following excerpt is from the company's SEC filing.

MONACO--(Marketwired - Sep 28, 2015) - Scorpio Bulkers Inc. (NYSE: SALT) (the "Company") announced today that Scorpio Services Holding Limited ("SSH") has purchased an aggregate of 1,436,352 common shares of the Company at an average price of $1.60 per share in the open market since the Company's previous announcement on September 14, 2015. The Company currently has 343,905,637 common shares outstanding, of which SSH owns 21,634,390, or 6.3%

About Scorpio Bulkers Inc.

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. currently owns 19 vessels, c onsisting of three Capesize, six Kamsarmax vessels and ten Ultramax vessels with an average age of 0.4 years. The Company also time charters-in ten dry bulk vessels (consisting of one Handymax, one Ultramax, three Supramax, one Panamax, two Kamsarmax and two Post-Panamax vessels) and has contracted for 41 dry bulk vessels consisting of 18 Ultramax, 15 Kamsarmax and 8 Capesize vessels, from shipyards in Japan, South Korea and China. Upon final delivery of all of the vessels, the owned fleet is expected to have a total carrying capacity of approximately 5.4 million deadweight tonnes. Additional information about the Company is available on the Company's website, which is not a part of this press release.

Forward-Looking Statements