SOURCE: Golden Ocean Group

March 05, 2009 08:58 ET

GOGL - Stock Exchange Notice from Golden Ocean - 5 March 2009

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


Reference is made to our Stock Exchange Notice sent 8:53 this morning:

Hemen Holding Ltd has notified Golden Ocean Group Limited that Hemen has purchase USD 165.3 million of nominal amount of Golden Ocean Group Convertible Bond Issue 2007/2012.

All convertible bonds tendered have been accepted.

Hamilton, Bermuda
5 March 2009

Contact Persons:
Herman Billung: CEO, Golden Ocean Management AS
+47 22 01 73 40

Geir Karlsen: CFO, Golden Ocean Management AS
+47 22 01 73 53

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