Bakkafrost P/f

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2016, the following primary

insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 31 shares. After the transaction he holds

4,493,350 shares.

Gunnar Nielsen, CFO, purchased 22 shares. After the transaction he holds 541

shares.

Odd Eliasen, Managing Director, purchased 24 shares. After the transaction he

holds 171,589 shares.

Annika Frederiksberg, Board Member, purchased 11 shares. After the transaction

she holds directly and indirectly 14,917 shares.

The shares were purchased from P/F Bakkafrost on 27 June 2016. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 776 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 864

shares and after the sale P/F Bakkafrost holds 278,967 treasury shares. The

transaction was based on the closing share price on 27 June 2016, which was NOK

303.20 per share, corresponding to DKK 239.77 per share.

For further information about Bakkafrost's share savings plan, see

www.bakkafrost.com/en/investor-relations/share-information/share-savings-plan

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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