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Regulatory press release

RISH: Offer from Rasmussengruppen AS to buy a limited number of shares in Shearwater Geoservices Holding AS

GC Rieber Shipping
With reference to stock exchange notice released earlier today, please find
attached English office translation of the letter from Rasmussengruppen AS. Any
questions related to the offer should be directed to RG.

About GC Rieber Shipping:

GC Rieber Shipping is a shipowner and project-house with focus on developing
profitable and sustainable maritime projects.

Further information about the company, please go to www.gcrieber-shipping.com.

This information is published in accordance with the requirements of the
Continuing Obligations.

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