Salmar ASA - Exercise of share options

Primary insider and CFO Roar Husby has exercised 50 000 options at strike price

NOK 39 per share. After the transaction, Roar Husby owns 160 000 options.

Primary insider and Manager for VAP Pål Storø has exercised 325 000 options at

strike price NOK 39 per share. After the transaction, Pål Storø owns 13 600

shares and 30 000 options.

Primary insider and regional sales director Jørn Erling Larsen has exercised

325 000 options at strike price NOK 39 per share. After the transaction, Jørn

Erling Larsen owns 160 000 shares and 30 000 options.

All options are settled through a cash settlement equal to the difference

between NOK 57.90 per share, which is the volume weighted average of the closing

price of the SalMar share the last five trading days (including Wednesday 3

November), and the strike price of NOK 39.

Please refer to information about the Group's older share option scheme in note

21 to the accounts in the 2009 annual report, as well as stock exchange

notification earlier today about the new allocation of options.

For further information:

CFO Roar Husby

Cell: +47 9820 6974

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

(Norwegian Securities Trading Act)

[HUG#1459231]

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