As announced by Western Bulk ASA on 1st February 2016, Western Bulk ASA will summon for a bondholders' meeting in order to obtain approval for certain amendments required to facilitate for the sale of Western Bulk Chartering AS and the change of debtor under Western Bulk ASA's WBULK01 PRO bond issue with ISIN NO 001 067 557.2. Attached is a brief information package describing the current situation and the transaction.

Pareto Securities is appointed as advisor to the Board of Directors of Western Bulk ASA. Bondholders may contact Pareto Securities AS Fixed Income Sales desk at +47 22 87 87 70 for additional queries related to this.

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

Bulk Invest ASA issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 February 2016 14:29:28 UTC

Original Document: http://www.westernbulk.com/release?xml=http://cws.huginonline.com/B/158865/PR/201602/1983006.xml