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Golden Ocean Group

Capital/Financing Update Sep 5, 2018

6243_rns_2018-09-05_00ea3d88-3b19-4303-941c-7eded98adb8b.html

Capital/Financing Update

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GOGL - ISIN: NO 001 070105.5 - 3.07 per cent Golden Ocean Group Limited Senior Unsecured Convertible Bond Issue 2014/2019

GOGL - ISIN: NO 001 070105.5 - 3.07 per cent Golden Ocean Group Limited Senior Unsecured Convertible Bond Issue 2014/2019

On August 17, 2018 Golden Ocean Group Limited announced a dividend of US$0.10

per share. The Conversion Price will be adjusted on the Convertible Bond from

US$86.19 to US$85.28 per share effective on September 5, 2018, which is the ex-

dividend date.

Hamilton, Bermuda

September 5, 2018

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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