BAKKAFROST: Q1 2017 TRADING UPDATE

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Harvest volumes in Q1 2017 are

Farming North 9.1 thousand tonnes
Farming West 4.1 thousand tonnes
Total Q1 2017 13.2 thousand tonnes

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

Feed sales in Q1 2017 are 19.5 thousand tonnes. Havsbrún sourced 106.6 thousand tonnes of raw materials in Q1 2017.

The full Q1 2017 report will be released on 23 May 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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