COD – SALE OF ASSETS IN ATLANTIC COD JUVENILES AS

Atlantic Cod Juveniles AS, a subsidiary of Codfarmers ASA, has today entered into an agreement for the sale of its cod juvenile production facility with related fixed and operating assets and juvenile licence. The facility, which has not been in production since the spring of 2012, is sold to Marine Harvest ASA’s subsidiary Marine Harvest Labrus AS for a purchase price of NOK 5 mill. Atlantic Cod Juveniles AS will use the proceeds from the sale to repay debt.

For further information, please contact:

Harald Dahl, CEO of Codfarmers, telephone +47 90 11 92 82