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Golden Ocean Group

Share Issue/Capital Change Nov 30, 2020

6243_rns_2020-11-30_78bb962c-36ed-4a61-8f9e-18c4691e7dbb.html

Share Issue/Capital Change

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GOGL - Declaration of options

GOGL - Declaration of options

The Board of Golden Ocean Group Limited (NASDAQ and OSE: GOGL) ("Golden Ocean"

or the "Company") announced an option holder has exercised options to acquire

50,000 shares in the Company in accordance with the terms previously disclosed.

The option exercise will be settled in full with treasury shares held by the

Company. Following the delivery of the shares, Golden Ocean will hold a total of

945,000 treasury shares.

November 30, 2020

Hamilton, Bermuda

The Board of Directors

Golden Ocean Group Limited

This information is subject to the disclosure requirements of section 5-12 of

the Norwegian Securities Trading Act.

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