Mowi ASA — Director's Dealing 2010

Nov 17, 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 20 million shares in

Marine Harvest ASA. The new expiration of the TRS

agreements is December 16th 2010. The exercise price

on the agreements is NOK 6,1655 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.