Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that the Company has, on October 18, purchased 400,000 of the Company's own common stocks. The shares have been bought on the Oslo Stock Exchange at an average price of NOK 4.55 per share. After this transaction Golden Ocean holds a total of 2,990,107 own shares.
The transaction is part of the share buyback program announced on September 5, 2011.
Hamilton, Bermuda
October 18, 2011
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Golden Ocean Group via Thomson Reuters ONE

