Date: 6 February 2015

HV V Golf companies file for bankruptcy


Reference is made to the stock exchange notice from GC Rieber Shipping ASA, February 4. 2015, regarding the default on debt obligations by HV V Invest Golf AS and HV V Invest Golf II AS, two companies owned by the private equity fund HitecVision V, LP. GC Rieber Shipping has been made aware that HV V Invest Golf AS and HV V Invest Golf II AS have been declared bankrupt.

Further information will be provided at latest at the release of the 4Q14 report scheduled for February 18.

Contact persons:

CEO Irene Waage Basili, phone: +47 55 60 68 67 or +47 90 09 86 88
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 5-2 vphl, cf 5-12 (Norwegian Securities Trading Act).