Trond Williksen appointed new CEO in AKVA group ASA

The Board of Directors of AKVA group ASA has appointed Trond Williksen (Born

1963) as CEO of AKVA group ASA.

Trond Williksen has broad experience from fishery and fish farming business and

is currently Executive Vice President responsible for the fishing vessels in

Aker Seafoods. Trond Williksen holds an MBA in strategy, finance and operational

management from the University of Washington, USA.

As part of the conditions Trond Williksen has been granted 120.000 share options

at a strike price of NOK 17, this within the existing share option program.

"The Board of Directors is very pleased to welcome Trond Williksen as the new

CEO of AKVA group ASA. He has good management experience and strong track record

from his previous positions forming the basis for managing AKVA group in the

future", says Chairman Amund Skarholt in AKVA group ASA.

Trond Williksen will take up his position no later than 01.06.2011.

Bryne, 22 November 2010

AKVA group ASA

Web:www.akvagroup.com

CONTACT:

Amund Skarholt, Chairman

Mobile: +47 97 55 94 25

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AKVA group is the leading provider of technology to the global fish farming

industry and the only with global distribution. The products consist of software

systems, operational equipment and sensor systems, feed systems, cage systems,

net cleaning systems, light systems and recirculation aquaculture systems.

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

(Norwegian Securities Trading Act)

[HUG#1464336]

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