Reversed split

The board of Green Reefers ASA has today decided to
put forward a proposal of a reversed split of the
company's shares to the Annual General Meeting which
take place 1 April 2011. The proposal implies that 40
old shares give 1 new share.

Contact: Toril Eidesvik (CEO), tel: 55 36 25 00
Øystein Disch Olsrød (CFO), tel: 55 36 25 00