Golden Ocean Group: GOGL - Invitation to presentation of Q4 2011 Results

Golden Ocean's fourth quarter 2011 results will be released on Thursday February 16, 2012. In connection with this a presentation and a teleconference/webcast will be held as described below:

1. Presentation
A presentation of Golden Ocean's fourth quarter 2011 results will take place in Oslo at Haakon VII's gt. 1 (Shippingklubben) on Thursday February 16, 2012 at 08:30 A.M. If you wish to attend please confirm to our Reception at +47 22 01 73 40

2. Teleconference and webcast
A conference call will be held at 03:00 P.M. Central European Time (9:00 A.M. EST and 10:00 P.M. Singapore time) on Thursday February 16, 2012. The presentation will be available for download from the Investor Relations section at www.goldenocean.no (http://www.goldenocean.no/) (under "Presentations") Thursday morning.

In order to listen to the presentation you may do one of the following:

a. Webcast
Click the "Webcast" link on www.goldenocean.no (http://www.goldenocean.no/). To listen to the conference call from the web, you need to have installed Windows Media Player, and you need to have a sound card on your computer.

b. Conference Call
PARTICIPANTS DIAL IN TELEPHONE NUMBERS
International Dial In #:   +44 (0)20 7784 1036
Norway Toll Free #:        800 56053
Norway Toll #:                        +47 2350 0486
UK Toll Free #:                      0800 279 4841
US Toll #:                                       +1 646 254 3365
USA Toll Free #:                  1877 249 9037

Participants will be asked for their full name & Conference ID. The Conference ID is  4658111

There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the Q&A session.

Please download the presentation material from www.goldenocean.no (http://www.goldenocean.no%20/)  in order to follow the presentation slides while listening to the conference.

ENCORE DETAILS
Encore Replay Access Number:                4658111#
International Dial In/UK Local #:              +44 (0)20 7111 1244
Norway Dial In #:                                                          +47 2100 0498
USA Toll #:                                                                            +1 347 366 9565

Participant list information required: Full Name & Company

Oslo, February 7, 2012