Date: 26 October 2010


Hans Petter Klohs, acting CEO of GC Rieber Shipping ASA, has today sold 5.000 shares in GC Rieber Shipping ASA to Carthea AS, a company owned 100% by Hans Petter Klohs, at a share price of NOK 27,50 per share. After the transaction Carthea AS holds 16.600 shares in GC Rieber Shipping ASA. In addition, close relatives to Hans Petter Klohs are in control of 3.000 shares in GC Rieber Shipping ASA. Klohs and relatives are in control of a total of 19.600 shares in the company.


For further information, please contact:
VP Finance Einar Ytredal,  tlf 55 60 68 54, eller 97 52 01 84


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