MANDATORY NOTIFICATION OF TRADE - PRELIMINARY RESULT

1/21/2013 2:51 AM EST

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

Egersund Group AS owned 13,043,447 prior to the 
mandatory offer. At the expiry of the offer period, 
Egersund Group AS had received acceptances for in 
aggregate representing 9,540,208 shares in AKVA 
group. Consequently, as of 18 January 2013, Egersund 
Group AS own 22,583,655 shares in AKVA group 
representing 87.42 % of the shares and voting rights 
in AKVA group. The number of acceptances received may 
change as a result of acceptances potentially not yet 
registered.

The settlement for the shares will take place on 24 
January 2013.

Egersund Group AS is owned 50 % by Mongbakken AS 
(owned 100 % by Hans Kristian Mong) and 50 % by 
Kontrazi AS (owned 100 % by Frode Teigen), who are 
both board members of AKVA group ASA.