SOURCE: Golden Ocean Group

March 23, 2010 13:12 ET

GOGL - Mandatory Notification of Trade

HAMILTON, NORWAY--(Marketwire - March 23, 2010) -

Geir Karlsen (CFO of Golden Ocean Management AS) has extended a TRS agreement that expired March 23, 2010. The TRS agreement has exposure to 125,000 underlying shares in Golden Ocean Group Limited. New expiry date is April 23, 2010, and new TRS price is NOK 11,40.

Hamilton, Bermuda March 23, 2010

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


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