Mowi ASA

Share Issue/Capital Change • Jan 27, 2017

Marine Harvest ASA (OSE:MHG, NYSE:MHG): Issue of shares through partial conversion of bond

Marine Harvest ASA (OSE:MHG, NYSE:MHG): Issue of shares through partial conversion of bond

One bondholder representing EUR 14.7 million of the outstanding loan of the EUR

375 million convertible bond issued by Marine Harvest ASA with ISIN NO

001 0710395, has in accordance with the bond agreement exercised the option to

convert their bonds to equity at the conversion price of EUR 9.5273 per share.

Marine Harvest ASA will satisfy the request by issuing 1,542,934 new shares,

each with a nominal value of NOK 7.50. The new shares are expected to be issued

on or about 1 February 2017.

Following the completion of the conversion, Marine Harvest ASA will have a share

capital of NOK 3,387,214,395, divided into 451,628,586 total shares, each with a

nominal value of NOK 7.50.

This information is subject of the disclosure requirements pursuant to section

of 5-12 of the Norwegian Securities Trading Act.