Bakkafrost P/f

Share Issue/Capital Change • Aug 28, 2017

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2017, the following primary

insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 26 shares. After the transaction, he holds

4,494,200 shares.

Gunnar Nielsen, CFO, purchased 19 shares. After the transaction, he holds 951

shares.

Odd Eliasen, Managing Director, purchased 20 shares. After the transaction, he

holds 172,276 shares.

Annika Frederiksberg, Board Member, purchased 9 shares. After the transaction,

she holds directly and indirectly 15,215 shares.

The shares were purchased from P/F Bakkafrost on 28 August 2017. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 612 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 686

shares and after the sale P/F Bakkafrost holds 240,437 treasury shares. The

transaction was based on the closing share price on 28 August 2017, which was

NOK 358.30 per share, corresponding to DKK 287,79 per share.

For further information about Bakkafrost's share savings plan, see

www.bakkafrost.com/en/investor-relations/share-information/share-savings-plan

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

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

-12 of the Norwegian Securities Trading Act.