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2016-02-10

Western Bulk ASA: Change of Company name registered with the Norwegian Register of Business Enterprises

On 3 February 2016 the Extraordinary General Meeting of Western Bulk ASA
approved the Board's proposal to change the company name to Bulk Invest ASA.
The change of company name is now registered with the Norwegian Register of
Business Enterprises. The new ticker name on the Oslo Stock Exchange will be
"BULKIN".

The Oslo Stock Exchange will publish the exact date when the ticker change
takes effect in the trading system.

The Company's website will change towww.bulkinvest.no, which will be launched
tomorrow.

For more information, please contact:
Jens Ismar, Chief Executive Officer
Tel: +47 9009 0897

Håvard Furu, Chief Financial Officer
Tel: +47 9912 3443

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Western Bulk ASA via Globenewswire

HUG#1985170

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