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Golden Ocean Group

Transaction in Own Shares Dec 21, 2018

6243_rns_2018-12-21_65c52fae-8210-4012-a1cd-ad6c70f3c823.html

Transaction in Own Shares

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GOGL - Repurchase of shares

GOGL - Repurchase of shares

Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that the

Company has, on December 21, 2018, 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 51.3682 per share. After this transaction Golden Ocean holds a

total of 320,000 own shares.

The transaction is part of the share buyback program announced on December

20, 2018.

Hamilton, Bermuda

December 21, 2018

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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