Mowi ASA

Share Issue/Capital Change • Oct 19, 2018

Marine Harvest ASA (OSE:MHG): Issuance of shares through partial conversion of bond and registration of share capital increase

Marine Harvest ASA (OSE:MHG): Issuance of shares through partial conversion of bond and registration of share capital increase

Based on conversion notices received and in accordance with the bond agreement,

Marine Harvest ASA (the "Company") has converted EUR 47.9 million of the

original outstanding loan of the EUR 340 million convertible bond issued by

Marine Harvest ASA with ISIN NO 001 0748742 into shares at the conversion price

of EUR 13.2321. Marine Harvest ASA has resolved to satisfy the request by

issuing 3,619,982 new shares, each with a nominal value of NOK 7.50. The

adjusted outstanding amount of the convertible bond is currently EUR 215.8

million.

The share capital increase pertaining to the conversion has been duly registered

with the Norwegian Register of Business Enterprises. Following the registration

of the share capital increase, the Company's share capital is NOK

3,746,598,577.50, divided into 499,546,477 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.