AKVA group ASA - Profit warning 4Q 2009

AKVA group ASA is due to publish the preliminary result for 4Q 2009 on 18

February 2010. The company will present weaker results than earlier anticipated

for 4Q 2009, the preliminary review of the results shows negative effects mainly

related to project re-evaluations, accounting adjustments and some other one-off

costs.

The preliminary review indicates revenues in 4Q approximately around NOK 143

million and an EBITDA loss of around NOK 16 million. The negative effect of the

issues mentioned above amount in total to about NOK 18 million.

Further details on the profit development, market development and outlook will

be given on 18 February 2010.

Bryne, 11 February 2010

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Molaug, Chief Executive Officer

Phone: +47 51 77 85 40

Mobile: +47 90 13 95 22

Morten Nærland, Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 91 80 40 32 or +56 998 84 04 23

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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#1383269]

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