BAKKAFROST: Q4 2016 TRADING UPDATE

Harvest volumes in Q4 2016 are

Farming North 4.0 thousand tonnes
Farming West 8.9 thousand tonnes
Total Q4 2016 12.9 thousand tonnes

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

Feed sales in Q4 2016 are 25.0 thousand tonnes. Havsbrún sourced 34.7 thousand tonnes of raw materials in Q4 2016.

The full Q4 2016 report will be released on 27 February 2017 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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