GC Rieber Shipping - Earnings Release 2018

GC Rieber Shipping: Correction - Fourth quarter results 2018

Stock Exchange Notice

Date: 17 February 2019

GC Rieber Shipping: Correction - Fourth quarter results 2018

Reference is made to the stock exchange notice 15 February 2019 with the fourth

quarter results 2018.

Please find corrected report with the complete consolidated accounts and notes

enclosed.

For further information, please contact:

Einar Ytredal, CEO, phone: +47 975 20 184

Øystein Kvåle, CFO, phone: +47 479 02 919

About GC Rieber Shipping:

GC Rieber Shipping's business within offshore/shipping includes ownership in

specialized vessels, high quality marine ship management and project development

within the segments subsea, ice/support and marine seismic. The group has a

specialized competence in offshore operations in harsh environments as well as

design, development and maritime operation of offshore vessels.

GC Rieber Shipping currently operates 11 and has direct and indirect ownership

in 23 advanced special purpose vessels for defined markets within the subsea,

ice/support and marine seismic segments.The company has its headquarter and a

ship management office in Bergen, and an additional ship management company in

Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.

Further information is available on the company's website www.gcrieber-

shipping.com.

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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