Bakkafrost P/f

Presentation held at Havbrukskonferansen 2015 24th November 2015

Please find attached the presentation held by Odd Eliasen, Managing Director of

Havsbrún, at Havbrukskonferansen 2015 in Oslo today, 24th November 2015.

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.

About Bakkafrost:

Bakkafrost is the largest salmon farmer in the Faroe Islands. The Group is fully

integrated from feed production to smolt, farming, VAP and sales. The Group has

production of fishmeal, fish oil and salmon feed in Fuglafjørður. The Group

operates licenses on 14 farming fjords. The Group has primary processing in

Klaksvík, Strendur, Kollafjørður, and secondary processing (VAP) in Glyvrar and

Fuglafjørður. The headquarter is located in Glyvrar, and the company has a total

of around 700 employees.

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INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES.

This press release does not constitute or form part of an offer or solicitation

to purchase or subscribe for securities. The securities referred to herein may

not be offered or sold in the United States absent registration or an exemption

from registration as provided in the U.S. Securities Act of 1933, as amended.

Copies of this announcement are not being made and may not be distributed or

sent into the United States, Australia, Canada or Japan.

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