Grieg Seafood — Major Shareholding Notification 2016

Feb 26, 2016

Notification of significant shareholding in Grieg Seafood ASA

Notification of significant shareholding in Grieg Seafood ASA

Reference is made to the release of 27 November 2015

where Marine Harvest ASA ("Marine Harvest") announced

entering into a set of forward agreements to purchase

28,826,736 shares in Grieg Seafood ASA ("Grieg

Seafood") at NOK 22 per share with expiration 26

February 2016. At expiration of the forward

agreements, Marine Harvest entered into a new set of

forward agreements to purchase the same number of

shares with expiration 27 May 2016 at NOK 22 per

share. Marine Harvest has further agreed to compensate

relevant counterparties for interest expenses.

Following the transactions Marine Harvest has exposure

to the same number of shares as previously announced,

constituting 25.82% of the share capital in Grieg

Seafood.