MANDATORY NOTIFICATION OF TRADE

4 Jan, 2013 08:56 CET

Reference is made to the stock exchange notice dated 
20 December 2012 and the offer document dated 20 
December 2012 prepared in connection with the 
mandatory offer made by Egersund Group AS, to 
purchase the remaining outstanding shares in AKVA 
group ASA ("AKVA group"), which are not already owned 
by Egersund Group AS at a price of NOK 11.25 per 
share (the "Offer").

Egersund Group AS has received acceptances 
representing 4,601 shares in AKVA group. 
Consequently, as of 4 January 2013, Egersund Group AS 
own 13,048,048 shares in AKVA group representing 
50.51 % of the shares and voting rights in AKVA group.

The offer period expires at 16:30 (CET) on 18 January 
2013.

Egersund Group is owned 50 % by Hans Kristian Mong 
and 50 % by Frode Teigen, who are both board members 
of AKVA group ASA.