SOURCE: Golden Ocean Group

February 23, 2010 13:56 ET

GOGL - Mandatory Notification of Trade

HAMILTON, BERMUDA--(Marketwire - February 23, 2010) -



Geir Karlsen (CFO of Golden Ocean Management AS) has extended a TRS agreement that expired February 23, 2010. The TRS agreement has exposure to 125,000 underlying shares in Golden Ocean Group Limited. New expiry date is March 23, 2010, and new TRS price is NOK 10,64.

Hamilton, Bermuda February 23, 2010


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Contact: Geir Karlsen (CFO), +47 23 11 40 00


[HUG#1387652]








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