COD - Knut Øversjøen withdraws as member of the board

Board member Knut Øversjøen has today informed the board of Codfarmers ASA that he must step down from the board, effective immediately. Øversjøen leaves the board for regulatory reasons in connection with his acceptance of a position with Carnegie Investment Banking. The board of Codfarmers will in cooperation with the nomination committee consider if a new candidate to replace Øversjøen shall be proposed in connection with the Company’s annual general meeting. Oslo, 5 February 2010 Codfarmers ASA For further information, please contact: Michael Malling CEO, tel.: +47 22 40 33 94