In connection with the release of Golden Ocean's fourth quarter 2016 results in the morning (CET) Tuesday February 28, 2017, a teleconference/webcast will be held as described below:

Teleconference and webcastA conference call will be held at 02:00 P.M. CET (8:00 A.M. New York Time) on Tuesday February 28, 2017. The presentation will be available for download from the Investor Relations section at www.goldenocean.no (under "Presentations") prior to the teleconference/webcast.

In order to listen to the presentation you may do one of the following:

a. WebcastClick the "Webcast" link on www.goldenocean.no. To listen to the conference call from the web, you need to have installed Windows Media Player, and you need to have a sound card on your computer.

b. Conference CallPARTICIPANTS DIAL IN TELEPHONE NUMBERSInternational Dial In #: +44 20 7136 2055Norway Toll Free #:    800 56 053Norway Toll #:             +47 2316 2729UK Toll Free #:            0800 279 4841US Toll #:                    +1 718 971 5738US Toll Free #:            1877 280 2342

Participants will be asked for their full name & Conference ID. The Conference ID is 3108082.

There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the Q&A session.

Please download the presentation material from www.goldenocean.no in order to follow the presentation slides while listening to the conference.

REPLAY DETAILSReplay Access Number:                                3108082#International Dial In/UK Local #:         +44 203 427 0598Norway Dial In #:                                +47 2100 0498USA Toll #:                                          +1 866 932 5017

Participant list information required: Full Name & Company

February 21, 2017Hamilton, Bermuda