CODFARMERS SECURES JUVENILE AGREEMENT WITH GRIEG COD JUVENILES

Today, Codfarmers ASA entered a three year
agreement concerning the supply of 6 million small
juveniles from Grieg Cod Juveniles AS.

The agreement concerns the supply of 2 million
small juveniles (5-10 grams) per year for three
years as of the fall this year.

` Similar to the other long term juvenile
agreements we have entered into lately, the
agreement with Grieg Cod Juveniles is important to
secure sufficient supply of cod juveniles to
Codfarmers in an interim period until we have our
own production of juveniles up an running. The
plan is use these small juveniles from Grieg to
produce large juveniles (plus 100 grams) in our
own faclilty at Mørkvedbukta outside Bodø already
this fall,` says Øystein Steiro, CEO of
Codfarmers.

Contact:
Øystein Steiro, CEO + 47 90775395