GOGL - Share Repurchase

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Tue Jan 15, 2008 3:04am EST 

  HAMILTON, BERMUDA, Jan 15 (MARKET WIRE) -- 


Golden Ocean Group Limited ("Golden Ocean" or the "Company") announces that it
has
acquired a further 1,000,000 of its own shares in connection with the share
buyback announced on January 14, 2008.  The shares will be held as treasury
shares.

    The shares were acquired at an average price of NOK 24.63 per share. After
this
transaction Golden Ocean holds a total of 3,500,000
shares.


Hamilton, Bermuda
January 15, 2008

Questions should be directed to:
Herman Billung: CEO Golden Ocean Management AS
+47 22 01 73 40

Geir Karlsen: CFO Golden Ocean Management AS
+47 22 01 73 53

    


Copyright Copyright Hugin ASA 2008. All rights reserved.

    



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