Mowi ASA

Share Issue/Capital Change • Nov 6, 2018

Marine Harvest ASA (OSE:MHG): Issuance of shares through partial conversion of bond and registration of share capital increase

Marine Harvest ASA (OSE:MHG): Issuance of shares through partial conversion of bond and registration of share capital increase

Based on conversion notices received and in accordance with the bond agreement,

Marine Harvest ASA (the "Company") has converted EUR 3.8 million of the original

outstanding loan of the EUR 340 million convertible bond issued by Marine

Harvest ASA with ISIN NO 001 0748742 into shares at the conversion price of EUR

13.2321. Marine Harvest ASA has resolved to satisfy the request by issuing

287,179 new shares, each with a nominal value of NOK 7.50. The adjusted

outstanding amount of the convertible bond is currently EUR 212.0 million.

The share capital increase pertaining to the conversion has been duly registered

with the Norwegian Register of Business Enterprises. Following the registration

of the share capital increase, the Company's share capital is NOK 3,748,752,420

divided into 499,833,656 total shares, each with a nominal value of NOK 7.50.

This information is subject of the disclosure requirements pursuant to section

of 5-12 of the Norwegian Securities Trading Act.