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-Golden Ocean Group - Equity offering: Issue of New Shares

Reference is made to the stock exchange notices published in connection with the offering (the 'Offering') of 8,607,800 new shares (the 'New Shares') in Golden Ocean Group Ltd. (NYSE/OSE: GOGL) (the 'Company').

The New Shares have been validly issued, and the Company's issued share capital has been increased to USD 5,728,649.6 divided into 114,572,992 issued shares, each with a nominal value of USD 0.05.

The New Shares will be delivered to the subscribers in the Offering on March 17,

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