Mowi ASA

Capital/Financing Update • Jun 9, 2017

Marine Harvest ASA (OSE:MHG): Signed EUR 1,206 million Facility Agreement

Marine Harvest ASA (OSE:MHG): Signed EUR 1,206 million Facility Agreement

With reference to the stock exchange announcement of 10 May 2017.

Marine Harvest has signed the senior secured five-year EUR 1,206 million

multicurrency revolving credit facility (the "Facility Agreement") with DNB,

Nordea, ABN Amro, Rabobank, Danske Bank and SEB. The Facility Agreement includes

an accordion increase option, which provides flexibility for the parties to

agree an increased size of the Facility Agreement by an additional EUR 200

million during the five-year term. The principal financial covenant of the

Facility Agreement is an equity ratio of minimum 35% and remains unchanged to

the existing bank loan. The refinancing is subject to customary closing

conditions.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.