Date: 4 June 2008

GC RIEBER SHIPPING'S CAPITAL MARKETS DAY 2008 - PRESENTATION MATERIAL - PART TWO OF TWO


GC Rieber Shipping is today hosting its Capital Markets Day 2008. The event takes place at Skipsbyggerhallen, Solheimsgaten 11, Bergen, and commences with registration from 12:30 a.m. and presentations from 13:00 a.m.
 
The presentation material is attached to this stock exchange notice and will also be available on the company's website www.gcrieber-shipping.no from 12:00 a.m. The presentation material will be available in English only.
 
 
For further information, please contact:
CEO Sven Rong, phone +47 55 60 68 18, or +47 90 55 49 52
CFO Hans Petter Klohs, phone +47 55 60 68 24, or +47 90 75 05 26
 
 
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping encompass high quality marine ship management of specialized vessels, project development and industrial portfolio management. The company has a unique competence on operations offshore in harsh environments, as well as design, development and maritime operation of seismic vessels. The company has also built substantial competence on subsea operations, both through the 52% stake in subsea contractor Technocean and through long term cooperation with other key players in the market.
 
GC Rieber Shipping owns and operates five advanced multifunctional special purpose vessels for defined markets within offshore subsea and ice research and support. Further, the company has four offshore new buildings on order for delivery in 2009/10 The company is also in charge of ship management for 12 seismic vessels owned by PGS, CGGVeritas and Fugro, as well as project management and building supervision for four advanced seismic new buildings for Arrow Seismic (PGS).  The company's headquarters is located in Bergen with ship management offices in Sevenoaks (England) and Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo BÝrs with ticker RISH. Further information available on the company's website: www.gcrieber-shipping.no

Marine seismic_focus on the companys operations and competence base

Ice and Research_status and future

Future value creation