Bakkafrost P/f

Report Publication Announcement • Mar 19, 2018

Bakkafrost: Annual Report 2017 and Sustainability Report 2017

Bakkafrost: Annual Report 2017 and Sustainability Report 2017

Attached please find the Annual Report 2017 and the Sustainability Report 2017

for Bakkafrost. The reports are also available on the company's website

www.bakkafrost.com.

The only changes from Bakkafrost's Q4 2017 Interim Report is in the Outlook

section, where Kontali Analyse's estimates for global harvest increase of

Atlantic salmon was expected to be around 6% in 2018, but has now been amended

to 4%.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.