Bakkafrost P/f

Regulatory Filings • Mar 27, 2017

BAKKAFROST: Confirmation of pathogenic ISA-virus at A-73 Hvannasund Norður

BAKKAFROST: Confirmation of pathogenic ISA-virus at A-73 Hvannasund Norður

The suspicion of pathogenic ISA-virus at farming site A-73 Hvannasund Norður has

now been confirmed. The farming site A-73 Hvannasund Norður has been under

increased surveillance since July 2016, when a routine surveillance test

resulted in suspicion of fish being infected by pathogenic ISA-virus. Reference

is made to market announcement on 14 July 2016, 21 July 2016, 20 January 2017

and 16 March 2017.

In March 2017, Bakkafrost decided to harvest the remaining fish at farming site

A-73 Hvannasund Norður. The accelerated harvest is expected to be finished medio

April 2017, and Bakkafrost maintains expected harvest volumes for 2017 to be

53,500 tonnes gutted weight, unchanged from the market announcement on 16 March

The confirmation of pathogenic ISA-virus at farming site A-73 Hvannasund Norður

results in a prolonged fallowing period of minimum 6 months for farming site A

-73 Hvannasund Norður, after the farming site is emptied for fish.

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.