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Golden Ocean Group

Capital/Financing Update Jun 13, 2018

6243_rns_2018-06-13_a45a3d24-b83b-437d-92a3-1feb78f33cac.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 May 30, 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$87.19 to US$86.19 per share effective on June 13, 2018, which is the ex-

dividend date.

Hamilton, Bermuda

June 13, 2018

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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