Golden Ocean Group

Foreign Filer Report • May 2, 2016

GOGL - Filing of amendment to the 2015 Annual Report on Form 20-F/A

GOGL - Filing of amendment to the 2015 Annual Report on Form 20-F/A

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

has filed an amendment to its annual report on Form 20-F for the year ended

December 31, 2015 with the Securities and Exchange Commission (the "SEC") in the

U.S. solely to include a statement that the Company, as permitted by SEC rules

and Bermuda law, has chosen to have an audit committee that consists of two

members that currently meet NASDAQ independence requirements.

The amendment may be accessed on the Company's website, www.goldenocean.bm, or

in the link below. It is also available on the website of the U.S. Securities

and Exchange Commission, www.sec.gov.

May 2, 2016

Golden Ocean Group Limited

Hamilton, Bermuda

Contact Person:

Per Heiberg: CFO, Golden Ocean Management AS

+47 22 01 73 45

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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