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GOGL Repurchase of shares 05.10.2011


47005 fcras 5/10 2011 19:23
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Published: 19:49 CEST 05-10-2011 /Thomson Reuters /Source: Golden Ocean Group /XOSL: GOGL /ISIN: BMG4032A1045

GOGL - Repurchase of shares

Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that the Company has, on October 05, purchased 400,461 of the Company's own common stocks. The shares have been bought on the Oslo Stock Exchange at an average price of NOK 3.87 per share. After this transaction Golden Ocean holds a total of 2,590,107 own shares.

The transaction is part of the share buyback program announced on September 5, 2011.

Hamilton, Bermuda

October 05, 2011

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.goldenocean.no/



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