Damping plates have been used for truss spars in gulf of Mexico to reduce the heave motions. The plates are usually perforated with holes for the passage of marine risers, but the effects of the perforation have not been examined thoroughly. In the present study, a computational fluid dynamics investigation into the hydrodynamic forces is carried out by using FLUENT, which is on two-dimensional perforated plates with varying degrees of perforation in oscillating flow under small Keulegan-Carpenter (KC) number. The numerical results of the hydrodynamic coefficients are presented. The effects of both the perforation ratio (PR) and KC number on the hydrodynamic coefficients of the plates are discussed. Some results of the simulated flow patterns around the plates were also given and discussed.