Mowi ASA — Director's Dealing 2010

Oct 1, 2010

Mandatory notification of trade

Geveran Trading Co Ltd, which is indirectly controlled by trusts established by

John Fredriksen for the benefit of his immediate family, has extended TRS

agreements relating to 31 million shares in Marine Harvest ASA. The new

expiration of the TRS agreements is January 6(th) 2011. The exercise price on

the agreements is NOK 5,1826 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 a net exposure to 70 million shares.

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

(Norwegian Securities Trading Act)

[HUG#1448206]