Golden Ocean Group

AGM Information • Sep 19, 2014

CORRECTION: GOGL - 2014 Annual General Meeting

CORRECTION: GOGL - 2014 Annual General Meeting

This is a correction of the announcement from 21:32 19.09.2014 CEST. Reason for

the correction: Text was not included in the published release.

Golden Ocean Group Limited (the "Company") advises that the 2014 Annual General

Meeting of the Company was held on September 19, 2014 at 12:00 noon at the Elbow

Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda. The audited consolidated

financial statements for the Company for the year ended December 31, 2013 were

presented to the Meeting.

In addition, the following resolutions were passed:

1) To re-elect John Fredriksen as a Director of the Company.

2) To re-elect Kate Blankenship as a Director of the Company.

3) To re-elect Hans Christian Børresen as a Director of the Company.

4) To re-elect Georgina E. Sousa as a Director of the Company.

5) To elect Harald Thorstein as a Director of the Company.

6) To re-appoint PricewaterhouseCoopers AS as auditors and to authorise the

Directors to determine their remuneration.

7) That the remuneration payable to the Company's Board of Directors of a total

amount of fees not to exceed US$300,000 be approved for the year ended December

31, 2014.

Hamilton, Bermuda

September 19, 2014

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1857262]