Mowi ASA

Major Shareholding Notification • May 6, 2015

Mandatory Notification of trade

Mandatory Notification of trade

Geveran Trading Co Ltd, which is indirectly

controlled by trusts established by John Fredriksen

for the benefit of his immediate family, has on 5

May 2015 extended TRS agreements relating to 3.000.000

shares in Marine Harvest ASA. The new expiration of

the TRS agreements is June 5th 2015. The exercise

price on the agreements is NOK 91.0164 per share.

Geveran Trading's affiliated ownership in Marine

Harvest ASA is following this transaction unchanged

117.351.603 shares, constituting 28.60 percent of the

issued share capital.

In addition Geveran Trading hold TRS agreements with

a net exposure to 3.000.000 shares in Marine Harvest

ASA