Bakkafrost P/f

Earnings Release • Jul 3, 2015

BAKKAFROST: Q2 2015 TRADING UPDATE

BAKKAFROST: Q2 2015 TRADING UPDATE

Harvest volumes in Q2 2015 are

+-------------+---------------------+

|Farming North|11.7 thousand tonnes.|

+-------------+---------------------+

|Farming West | 2.5 thousand tonnes.|

+-------------+---------------------+

|Total Q2 2015|14.2 thousand tonnes.|

+-------------+---------------------+

The harvest volumes are provided in head on gutted (HOG) equivalents.

Feed sales in Q2 2015 are 17.7 thousand tonnes. Havsbrún sourced 86.0 thousand

tonnes of raw materials in Q2 2015.

Going forward Bakkafrost will announce quarterly trading update after each

quarter.

The full Q2 2015 report will be released on 25 August 2015 at 06:00 CET.

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.