Date: 2 February 2010

MANDATORY NOTIFICATION OF TRADE


On 2 February 2010, GC Rieber Shipping ASA sold 28.500 own shares to employees in GC Rieber Shipping at a price per share of NOK 25,50. After the transaction the company holds 150.800 own shares, which corresponds to 0.34% of outstanding shares in the company.

 

The primary insiders listed below have purchased shares as employees in GC Rieber Shipping;

 

CEO Sven Rong, 500 shares (new holding 231.000 shares)

CFO Hans Petter Amundsen Klohs, 3.000 shares (new holding 19.600 shares)

COO Arnstein Øvsthus, 1.000 shares (new holding 25.000 shares)

VP Finance Einar Ytredal, 2.000 shares (new holding 8.000 shares)

VP Projects Gunnar Bjørknes, 500 shares (new holding 12.500 shares)

General Counsel Gunnar C. Jansen, 500 shares (new holding 1.500 shares)

Managing Director GC Rieber Shipping Asia, Finn Atle Hamre, 8.000 shares (new holding 20.800 shares)

 

 

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

 

 

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