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Golden Ocean Group

Capital/Financing Update Mar 7, 2014

6243_iss_2014-03-07_13ab58ea-3709-4dc1-98a9-5e73f75471e0.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 February 25 2014 Golden Ocean Group Limited announced a dividend of US$0.025

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

US$2.86 to US$2.82 per share effective on March 5, 2014, which was the ex-

dividend date.

Hamilton, Bermuda

March 7, 2014

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1767081]

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