Mowi ASA

Capital/Financing Update • Jan 21, 2014

MHG: ADJUSTMENT TO CONVERSION PRICE OF CONVERTIBLE BOND (ISIN NO0010679152)

MHG: ADJUSTMENT TO CONVERSION PRICE OF CONVERTIBLE BOND (ISIN NO0010679152)

Reference is made to extraordinary general meeting in Marine Harvest ASA on 20

January 2014, approving a reverse split of the shares of Marine Harvest ASA in

the proportion 10:1 and the notification this morning that the shares will be

trading "ex reverse split" as from today.

As a consequence of the above, the conversion price of Marine Harvest ASA's

outstanding EUR 350 million convertible bonds (ISIN NO0010679152) has been

adjusted.

The new conversion price is EUR 9.9088

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1755775]