Leroy Seafood Group — M&A Activity 2016

Oct 6, 2016

Lerøy Seafood Group ASA : Mandatory notification of trade - received acceptances under mandatory offer

Lerøy Seafood Group ASA : Mandatory notification of trade - received acceptances under mandatory offer

Reference is made to the offer document dated 16 September 2016 regarding the

mandatory offer (the "Offer") to acquire all outstanding shares in Havfisk ASA

(the "Company") for an offer price of NOK 36.50 per share made by Lerøy Seafood

Group ASA ("Lerøy"), with an acceptance period from 19 September 2016 to 17

October 2016 at 18:00 CET (subject to extension).

Lerøy has on 5 October 2016 received acceptances for 13,450 shares in the

Company under the Offer. Following this, Lerøy has received acceptances under

the Offer for a total of 2,285,081 shares in the Company.

Including the 57,692,157 shares already held by Lerøy, this will aggregate to

59,977,238 shares in Havfisk, representing 70.86% of the shares and the votes in

the Company.

Receiving Agents under the Offer:

DNB Markets

Dronning Eufemias gate 30

P.O. Box 1600 Sentrum

N-0021 Oslo, Norway

Phone: +47 23 26 81 01

Pareto Securities

Dronning Mauds gate 3

P.O. Box 1411 Vika

N-0115 Oslo, Norway

Phone: +47 22 87 87 00

These reported numbers of acceptances could be subject to changes, as the

registration and verification of acceptances with the VPS for practical reasons

has not yet been fully completed.

Helge Singelstad and Arne Møgster, both representing Lerøy, are members of the

board of directors of Havfisk ASA.

This information is subject to the disclosure requirements pursuant to section

4-2 of the Norwegian Securities Trading Act.

Dated: 6 October 2016

Lerøy Seafood Group ASA