Grieg Seafood — Major Shareholding Notification 2016

May 19, 2016

Disclosure of large shareholding in Grieg Seafood ASA

Disclosure of large shareholding in Grieg Seafood ASA

Reference is made to the stock exchange release of 26

February 2016 where Marine Harvest ASA ("Marine

Harvest") entered into a set of forward contracts to

purchase 28,826,736 shares in Grieg Seafood ASA

("Grieg Seafood") for NOK 22 per share.

Marine Harvest has on 18 May 2016 acquired 28,826,736

shares in Grieg Seafood from DNB and Nordea under the

set of forward contracts announced on 26 February 2016.

Following the aforementioned transaction Marine

Harvest has on 19 May 2016 sold 28,826,736 shares in

Grieg Seafood, representing 25.82 per cent of the

issued shares in Grieg Seafood, at a price of NOK

39.75 per share. After the transaction, Marine Harvest

holds no shares in Grieg Seafood.

This information is subject to the disclosure

requirements pursuant to section 4-2 of the Norwegian

Securities Trading Act.