Mowi ASA

Transaction in Own Shares • May 19, 2016

Marine Harvest (OSE:MHG, NYSE:MHG): Sale of shares in Grieg Seafood ASA

Marine Harvest (OSE:MHG, NYSE:MHG): Sale of shares in Grieg Seafood ASA

Reference is made to the stock exchange release of 26 February 2016 where Marine

Harvest ASA ("Marine Harvest") entered into a set of forward contracts to

purchase 28,826,736 shares in Grieg Seafood ASA ("Grieg Seafood") for NOK 22 per

share.

Marine Harvest has on 18 May 2016 acquired 28,826,736 shares in Grieg Seafood

from DNB and Nordea under the set of forward contracts announced on 26 February

Following the aforementioned transaction Marine Harvest has on 19 May 2016 sold

28,826,736 shares in Grieg Seafood, representing 25.82 per cent of the issued

shares in Grieg Seafood, at a price of NOK 39.75 per share. After the

transaction, Marine Harvest holds no shares in Grieg Seafood.

For further information, please contact:

Ivan Vindheim, CFO, Mobile: +47 958 71 310

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2013776]