GOGL – Capital adjustment

The Board of Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (“Golden Ocean” or the “Company“) announces that several holders of share options have exercised options to acquire a total of 60,000 shares in the Company in accordance with the terms previously disclosed to the market. The total number of shares outstanding in the Company following this is 142,197,697, each with a nominal value of USD 0.05.

December 5, 2017
Hamilton, Bermuda

The Board of Directors
Golden Ocean Group Ltd.

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