Mowi ASA — Director's Dealing 2010

Jan 14, 2010

Mandatory notification of trade

Geveran Trading, a company indirectly controlled by trusts affiliated with John

Fredriksen and his family, has extended TRS agreements relating to 30 million

shares in Marine Harvest ASA. The new expiration of the TRS agreements is 15

December 2011. The exercise price on the agreements is NOK 4,9825 per share.

Geveran Trading's affiliated ownership in Marine Harvest ASA is following this

transaction unchanged 1,079,632,775 shares, constituting 30.2 percent of the

issued share capital. In addition Geveran Trading hold TRS agreements with an

underlying exposure to 100 million shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1373399]