CODFARMERS ASA SECURES STRATEGIC JUVENILE CONTRACT

Codfarmers ASA has entered a long term contract
with Marine Invest AS concerning the purchase of
juveniles. The three year contract can be
extended for another two years. This will cover
a substantial part of Codfarmers` juvenile
requirements for 2007. The supply agreement has
a total value of 50-70 mNOK and is one of the
largest juvenile contracts in the industry this
year.`Codfarmers ASA is a leading company in the
development of cod farming in Norway. Marine
Invest is a leading supplier of grown juveniles.
This is an agreement which is important for both
parties and also to the future development of
the industry`, says Øystein Steiro, CEO
Codfarmers AS.

For further information, please contact:

Øystein Steiro
CEO
Codfarmers ASA
+ 47 22 40 33 91