GC Rieber Shipping: Purchase of shares

Stock Exchange Notice
Date: 22 August 2018

GC Rieber Shipping - Purchase of shares

Cosimo AS, a company owned by Trygve Bruland who is a board member of GC Rieber
Shipping ASA, has on Wednesday August 22nd bought 70,000 shares in GC Rieber
Shipping ASA at a price of NOK 11.68 per share. Following this transaction
Cosimo AS holds 70,000 shares in GC Rieber Shipping ASA.


For further information, please contact:
Einar Ytredal, CFO, phone: +47 975 20 184

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

GC Rieber Shipping currently operates and has direct and indirect ownership in
11 advanced special purpose vessels for defined markets within the subsea,
ice/support and marine seismic segments. The company has its headquarter and a
ship management office in Bergen, and an additional ship management company in
Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.

Further information is available on the company's website www.gcrieber-
shipping.com.

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