Aker BioMarine — M&A Activity 2010

Nov 12, 2010

AKBM - All conditions for the acquisition of EPAX Holding AS are fulfilled and the rights offering in AKBM will be registered

Reference is made to the stock exchange notice of 20 October 2010 and the

prospectus dated 29 September 2010. All conditions for the acquisition of EPAX

Holding AS from Austevoll Seafood ASA are fulfilled, and the rights offering in

AKBM will be registered in the Norwegian Register of Business Enterprises as

soon as practically possible. It is expected that the new shares will be

registered in the Norwegian Register of Business Enterprises on 15 November

The completion of the acquisition of EPAX Holding and the establishment of the

joint venture with Lindsay Goldberg, cf. the stock exchange notices of 3

September 2010, is expected to take place on or about 17 November 2010.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1461990]