AKVA Group - Share Issue/Capital Change 2016

AKVA group ASA : Transfer of shares to employees in share incentive program

Employees of AKVA group ASA ("AKVA group" or the "Company") and its subsidiaries

were invited to order shares in the Company in connection with a share incentive

program (the "Share Incentive Program") announced on 10 September 2015.

As announced on 14 December 2015, a total of 122.698 shares were allocated to

employees in the Share Incentive Program. Such shares have now been transferred

to the employees participating in the Share Incentive Program.

About AKVA group

AKVA group is a technology and service partner to the aquaculture industry

worldwide. The company has 670 employees, offices in 8 countries and a total

turnover of NOK 1.2 billion in 2014. We are a public listed company operating in

one of the world's fastest growing industries and supply everything from single

components to complete installations, both for cage farming and land based

aquaculture. AKVA group is recognized as a pioneer and technology leader through

more than 30 years. The Corporate Headquarter is in Bryne, Norway.

Date: 12 January 2016

AKVA group ASA

CONTACTS:

Trond Williksen Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 63 01 73

Eirik Børve Monsen Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 91 63 98 31

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

(Norwegian Securities Trading Act)

[HUG#1978049]

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