Date: 26 May 2008


GC Rieber Shipping has previously announced that the company will host a Capital Markets Day for investors, research analysts and financial relations on Wednesday 4 June 2008 from 01:00 to 04:30 p.m., followed by a social gathering in the evening.  The programme for Capital Markets Day has now been finalized as follows:
Time (p.m.)
Keynote speaker
Registration with lunch
Sven Rong, CEO, GC Rieber Shipping
GC Rieber Shipping in the subsea market
GC Rieber Shipping's positioning and strategy
Bjarte Fageraas, CEO, Technocean
Geotechnical surveying - a new profitable niche for GC Rieber Shipping
Olaf  Venema,  Managing Director & CEO, Bluestone Offshore Pte. Ltd.
Coffee break
Marine seismic - focus on operations and the company`s competence base
Arnstein Øvsthus, COO, GC Rieber Shipping
Ice/Research - status and future
Sven Rong, CEO, GC Rieber Shipping
Future value creation
GC Rieber Shipping's company culture, core values and overall strategy
Hans Petter Amundsen Klohs, CFO, GC Rieber Shipping
Summary / Q&A
Sven Rong, CEO, GC Rieber Shipping
Boat departure to Cornelius Restaurant
Dinner at Cornelius Restaurant
Dinner speaker: Paul Christian Rieber, Chairman of the Board, GC Rieber Shipping
The Capital Markets Day will take place at Skipsbyggerhallen, Solheimsgaten 11, Bergen. GC Rieber Shipping's executive management will participate and provide updates on all business areas. The executive management and the Chairman of the Board will also be available for questions throughout the day.
Through the programme the company wants to communicate its plans for utilising GC Rieber Shipping's financial capacity to develop the company's activities within offshore subsea and other business opportunities related to exploration and extraction of petroleum, including in Russia and other Arctic environments.
A dinner at Cornelius Restaurant will be hosted after the presentations. The company will provide transport by boat to the restaurant, which is located on a small island outside Bergen. Transport back to Bergen will be provided. Transport to Flesland pier will be provided for those who are travelling out of Bergen by plane the same evening.
If you wish to participate at GC Rieber Shipping's Capital Markets Day, please register within 28 May with Crux Kommunikasjon, attn. Lars Jørgen Ytrehus, at the following e-mail address:, detailing your name, e-mail address/phone number and who you represent.
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping encompass 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 five 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 12 seismic vessels owned by PGS, CGGVeritas and Fugro, as well as project management and building supervision for four advanced seismic new buildings for Arrow Seismic (PGS).  The company's headquarters is located in Bergen with ship management offices in Sevenoaks (England) and Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.

Programme for capital markets day