GOGL - Repurchase of shares

Date: Monday 02 Jul 2012

Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that the
Company has, on July 2, purchased 150,000 of the Company's own common stocks.
The shares have been bought on the Oslo Stock Exchange at an average price of
NOK 3.94 per share. After this transaction Golden Ocean holds a total of
150,000 own shares.



The transaction is part of the share buyback program announced on May 31, 2012.





Hamilton, Bermuda



July 2, 2012






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



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. 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
[HUG#1623651]

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