Date: 14 May 2012

GC Rieber Shipping - Q1 2012 - Invitation to webcast

GC Rieber Shipping will on Tuesday 15 May, at 08.30 a.m. arrange a presentation via webcast of the company`s first quarter 2012 results. CEO Irene Waage Basili and CFO Einar Ytredal will present the results.

Please login to the webcast via GC Rieber Shipping's website, www.gcrieber- shipping.no.

A recorded version of the presentation will be available on the website after the webcast has concluded.

For further information, please contact:

CFO Einar Ytredal, phone +47 55 60 68 54, or +47 97 52 01 84

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