COD – CORRECTION – FINAL RESULT OF VOLUNTARY EXCHANGE OFFER

Reference is made to the announcement made by Codfarmers ASA (“Codfarmers”) today on 27 September 2011 regarding the final result of the voluntary exchange offer (the “Offer”) for all issued and outstanding shares in Atlantic Cod Farms AS (“ACF”).

By error an incorrect number of acceptances were included in the calculation of the final acceptance level. The correct final acceptance level in the Offer is 99.1% or a total of 670,414,640 shares in ACF.

It is expected that delivery and listing of the consideration shares to be issued by Codfarmers in connection with the Offer to the accepting ACF shareholders will take place on or about 29 September 2011.

For further information, please contact:

Marianne E. Johnsen, Chair of Codfarmers, telephone +47 93 66 30 00
Harald Dahl, CEO of Codfarmers, telephone +47 90 11 92 82