BAKKAFROST: Q4 2017 TRADING UPDATE

Harvest volumes in Q4 2017 are

Farming North 0.0 thousand tonnes
Farming West 11.4 thousand tonnes
Total Q4 2017 11.4 thousand tonnes

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

Feed sales in Q4 2017 are 19.0 thousand tonnes. Havsbrún sourced 51.3 thousand tonnes of raw materials in Q4 2017.

The full Q4 2017 report will be released on 20 February 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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