Date: 10 September 2008

GC RIEBER SHIPPING - PRESENTATION MATERIAL FOR PARETO'S OIL & OFFSHORE CONFERENCE 2008


Please find enclosed a presentation which CEO Sven Rong and CFO Hans Petter Klohs will present at Pareto's Oil & Offshore Conference 2008, today 10 September 2008 at 1700.
 
The presentation material will also be available on the company's website www.gcrieber-shipping.no. The presentation material will be available in English only.
 
This information is subject of the disclosure requirements according to §5-12 vphl (Norwegian Securities Trading Act).
 
 
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 in the offshore/shipping segment includes 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 six advanced multifunctional special purpose vessels for defined markets within offshore subsea and ice research and support. The company is also in charge of ship management for eleven seismic vessels owned by PGS, CGGVeritas and Fugro, as well as project management and building supervision for four advanced seismic new builds for Arrow Seismic (PGS). The company is headquartered in Bergen with ship management offices in Sevenoaks (England) and Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH. Further information available on the company's website: www.gcrieber-shipping.no

Pareto oil and offshore conference 2008