GC Rieber Shipping: Mandatory notification of trade

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
About GC Rieber Shipping:
GC Rieber Shipping is a shipowner and project-house with focus on developing profitable and sustainable maritime projects.

Today, GC Rieber Shipping ASA sold 54,500 own shares to employees in GC Rieber
Shipping at a price per share of NOK 8.20. Employees received a discount of 25%
on this price up to a maximum of NOK 7,500 per employee. After the transaction
the company holds no own shares.

The primary insiders listed below have purchased shares as employees in GC
Rieber Shipping:

CEO Einar Ytredal, 13,900 shares at an average price of NOK 7.66 per share (new
holding 40,885 shares).

CFO Øystein Kvåle, 13,900 shares at an average price of NOK 7.66 per share (new
holding 28,900 shares).

CCO Christoffer Knudsen, 5,700 shares at an average price of NOK 6.88 per share
(new holding 11,000 shares).

For further information, see attachment available at www.newsweb.no.

Contact information:

Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184

Øystein Kvåle, CFO, GC Rieber Shipping, phone: +47?479 02 919

About GC Rieber Shipping:

GC Rieber Shipping is a shipowner and project-house with focus on developing
profitable and sustainable maritime projects.

Further information about the company, please go to www.gcrieber-shipping.com.

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