SalMar ASA - Capital/Financing Update 2014

SalMar - Agreement on refinancing of credit facilities

SalMar ASA has entered into a new loan agreement with DNB, Nordea og Danske

Bank, which extend and restructure its existing credit facilities. The agreement

is for a period of five years and secures credit facilities totalling NOK 5,000

million. The credit facilities comprise a term loan facility of NOK 1,000

million, an investment/acquisition facility of NOK 2,000 million, and a

revolving credit facility of NOK 1,500 million. A further agreement has been

entered into for an overdraft facility of up to NOK 500 million, renewable

annually.

The terms reflect that the selected banks have confidence in SalMar. The

financial covenants state that the equity should not be less than 35% and

NIBD/EBITDA ratio shall not exceed 4.5. The company has the right to have

NIBD/EBITDA of up to 6.0 for three quarters.

For more information, please contact:

CFO Trond Tuvstein,

Tel: + 47 918 53 139

Website: www.salmar.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1815070]

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