Date: 30 November 2011

GC RIEBER SHIPPING - FINANCIAL CALENDAR 2012


The financial calendar for GC Rieber Shipping ASA for 2012 is as follows:

Report fourth quarter 2011 - 24 February 2012

Annual general meeting - 12 April 2012

Report first quarter 2012 - 15 May 2012

Report second quarter 2012 - 23 August 2012

Report third quarter 2012 - 8 November 2012

For further information, please contact:

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

About GC Rieber Shipping:

GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management, project development and industrial portfolio management within the segments subsea, ice/support and marine seismic. The group has a unique competence in offshore operations in harsh environments as well as design, development and maritime operation of seismic vessels.

GC Rieber Shipping currently owns nine and operates ten advanced, multifunctional special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments. GC Rieber Shipping also owns 65 % of Armada Seismic, which owns one high-capacity seismic vessel and has one newbuilding with estimated completion in the first quarter 2012.

The company has its registered office and headquarter in Bergen with ship management companies in Sevenoaks (UK), Singapore and Yuzhno-Sakhalinsk (Russia), which provides international presence. The company is listed on Oslo BÝrs with ticker RISH. Further information is available on the company's website www.gcrieber-shipping.no



This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.