Approved Offer Document

Oslo Børs has approved the following Offer Document:

Mandatory offer to acquire all issued and outstanding
shares of

Green Reefers ASA

which are not already owned by

Caiano AS and Caiano Ship AS

Submitted by Caiano AS

Offer period:
From and including 8 October 2010 to and including
17:30 CET on 5 November 2010

Financial Adviser and Receiving Agent:
Pareto Securities AS

8 October 2010