Date: 23 December 2009

MANDATORY NOTIFICATION OF TRADE


Sven Rong, CEO of GC Rieber Shipping ASA, has today 23 December 2009 purchased 10.000 shares in GC Rieber Shipping ASA at NOK 25,50. Sven Rongs total holding of GC Rieber Shipping ASA shares after this transaction is 230.500 shares.

For further information, please contact:

CFO Hans Petter Klohs, phone +47 55 60 68 24, or +47 90 75 05 26

This information is subject of the disclosure requirements acc. to 5-12 vphl (Norwegian Securities Trading Act)