Date: 29 December 2009

GC RIEBER SHIPPING - MANDATORY NOTIFICATION OF TRADE


Arnstein Øvsthus, COO of GC Rieber Shipping ASA, has today 29 December 2009 purchased 4.000 shares in GC Rieber Shipping ASA at NOK 25,50. Arnstein Øvsthus` total holding of GC Rieber Shipping ASA shares after this transaction is 24.000 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)