Extraordinary General Meeting held - corrected minute

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA,
CANADA OR JAPAN

RIGHTS ISSUE AND OTHER PROPOSED RESOLUTIONS APPROVED
BY THE EXTRAORDINARY GENERAL MEETING

An Extraordinary General Meeting of the shareholders
of Green Reefers was held today, 4 August 2010.

The Extraordinary General Meeting approved the Board
of Directors' proposed resolutions as set forth in
the notice of the Extraordinary General Meeting
issued on 9 July 2010 with the minor adjustments set
forth in the stock exchange notice issued earlier
today.

The Company's shares will, for trades subject to the
ordinary T+3 settlement in the Norwegian Central
Securities Depository (VPS), consequently trade
exclusive of the right to receive subscription rights
in the right issue from and including tomorrow,
5 August 2010. Detailed terms of the rights issue
will be included in the prospectus, expected to be
published on or about 17 August 2010.

The minutes of the Extraordinary General Meeting are
attached and are also available on the Company's web-
site www.greenreefers.no.

Bergen, 4 August 2010

For further information, please contact:
Toril Eidesvik (CEO), +47 90 07 82 18


*********
This announcement is not an offer for sale of
securities in the United States or any other country.
The securities referred to herein have not been
registered under the U.S. Securities Act of 1933, as
amended (the "U.S. Securities Act"), and may not be
sold in the United States absent registration or
pursuant to an exemption from registration under the
U.S. Securities Act. Green Reefers does not intend to
register any portion of the offering of the
securities in the United States or to conduct a
public offering of the securities in the United
States. Any offering of securities will be made by
means of a prospectus that may be obtained from Green
Reefers and that will contain detailed information
about the company and management, as well as
financial statements. Copies of this announcement are
not being made and may not be distributed or sent
into the United States, Canada, Australia, Japan or
any other jurisdiction in which such distribution
would be unlawful or would require registration or
other measures.

In any EEA Member State that has implemented
Directive 2003/71/EC (together with any applicable
implementing measures in any member State,
the "Prospectus Directive"), this communication is
only addressed to and is only directed at qualified
investors in that Member State within the meaning of
the Prospectus Directive.

This announcement is only directed at (a) persons who
are outside the United Kingdom; or (b) investment
professionals within the meaning of Article 19 of the
Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order"); or (c) persons
falling within Article 49(2)(a) to (d) of the Order;
or (d) persons to whom any invitation or inducement
to engage in investment activity can be communicated
in circumstances where Section 21(1) of the Financial
Services and Markets Act 2000 does not apply.

Certain statements included within this announcement
contain forward-looking information, including,
without limitation, those relating to (a) forecasts,
projections and estimates, (b) statements of
management's plans, objectives and strategies for
Green Reefers, such as planned expansions,
investments or other projects, (c) targeted
production volumes and costs, capacities or rates,
start-up costs, cost reductions and profit
objectives, (d) various expectations about future
developments in Green Reefers' markets, particularly
prices, supply and demand and competition, (e)
results of operations, (f) margins, (g) growth rates,
(h) risk management, as well as (i) statements
preceded
by "expected", "scheduled", "targeted", "planned", "pr
oposed", "intended" or similar statements. Although
we believe that the expectations reflected in such
forward-looking statements are reasonable, these
forward-looking statements are based on a number of
assumptions and forecasts that, by their nature,
involve risk and uncertainty. Various factors could
cause our actual results to differ materially from
those projected in a forward-looking statement or
affect the extent to which a particular projection is
realized. Factors that could cause these differences
include, but are not limited to: our continued
ability to reposition and restructure our upstream
and downstream aluminium business; changes in
availability and cost of energy and raw materials;
global supply and demand for aluminium and aluminium
products; world economic growth, including rates of
inflation and industrial production; changes in the
relative value of currencies and the value of
commodity contracts; trends in Green Reefers' key
markets and competition; and legislative, regulatory
and political factors.

No assurance can be given that such expectations will
prove to have been correct. Green Reefers disclaims
any obligation to update or revise any forward-
looking statements, whether as a result of new
information, future events or otherwise.