SalMar ASA — Director's Dealing 2010

Aug 25, 2010

Mandatory notification of trade

Insider Geir Wærø, sales manager value added products, has exercised 50 000

options with strike price NOK 39.00 in accordance with the Groups established

share option scheme. The options are honored through a cash settlement equaling

the difference between NOK 54.40 (the volume weighted average price of shares in

SalMar in week 33) and the strike price of NOK 39,00.

Mr. Wærø's shareholding in SalMar has not changed as a result of the

transaction. Mr. Wærø owns no shares in SalMar ASA, has he has no further share

options.

Information about the Group's share option scheme can be found in note 21 to the

accounts in the 2009 annual report.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1440076]