SOURCE: Golden Ocean Group

March 05, 2009 03:03 ET

GOGL - Mandtory Notification of Trade

HAMILTON, BERMUDA--(Marketwire - March 5, 2009) -


Geir Karlsen (CFO of Golden Ocean Management AS) has extended a TRS agreement that expired March 4, 2009. The TRS agreement has exposure to 175,000 underlying shares in Golden Ocean Group Limited. New expiry date is May 6, 2009, and new TRS price is NOK 3.67.

Hamilton, Bermuda
March 5, 2009

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

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