CODFARMERS SELLS NAP MARINE

Codfarmers has agreed to sell all its shares in its Nap Marine AS and its loan to that subsidiary in the amount of NOK 10.6 million. The shares are sold for NOK 50,000 and the loan is sold at a price substantially lower than the amount outstanding under the loan. The buyer is Gildeskål Forskningsstasjon AS.

For further information, please contact:

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