BAKKAFROST: Q1 2018 TRADING UPDATE

Harvest volumes in Q1 2018 are

Farming North 2.7 thousand tonnes
Farming West 9.5 thousand tonnes
Total Q1 2018 12.2 thousand tonnes

The harvest volumes are provided in head on gutted (HOG) equivalents.

Feed sales in Q1 2018 are 13.9 thousand tonnes. Havsbrún sourced 130.1 thousand tonnes of raw materials in Q1 2018.

The full Q1 2018 report will be released on 7 May 2018 at 06:00 CET.

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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