Mowi ASA — Director's Dealing 2011

Jan 7, 2011

MHG - 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 April 6th 2011. The exercise price on

the agreements is NOK 6.1063 per share. Geveran

Trading's affiliated ownership in Marine Harvest ASA

is following this transaction unchanged 829,632,775

shares,constituting 23.21 percent of the issued share

capital.

In addition Geveran Trading hold TRS agreements with

a net exposure to 70 million shares in Marine Harvest

ASA.