Mowi ASA

Director's Dealing • Sep 11, 2015

Mandatory notification of trade

Mandatory notification of trade

On 11 September 2015 Geveran Trading Co Ltd (Geveran), which is indirectly

controlled by trusts established by John Fredriksen for the benefit of his

immediate family, acquired 3 million shares in Marine Harvest pursuant under the

forward contract announced on 23 December 2013.

On 11 September 2015 Framar AS (Framar) (previously named Profond Holding AS), a

company owned by Marine Harvest's Chairman Ole-Eirik Lerøy, acquired 3 million

shares in Marine Harvest from Geveran under the forward contract announced on

23 December 2013.

On 11 September 2015 Framar sold 2.5 million shares in Marine Harvest at a price

of NOK 96.86 per share.

Subsequent to these transactions Ole-Eirik Lerøy and his affiliates hold

3,222,000 shares in Marine Harvest corresponding to 0.72% of the issued share

capital.

Geveran's net exposure to Marine Harvest share is unchanged. Geveran holds

117,351,603 shares representing 26.07% of the issued share capital of Marine

Harvest. In addition Geveran hold a TRS agreement with an exposure to 3 million

shares in Marine Harvest.

This information is subject to the disclosure requirements pursuant to section

4-1 of the Norwegian Securities Trading Act.

[HUG#1951404]