Completion of acquisition of shares in NAP Marine AS and registered share capital increase

Reference is made to the stock exchange notice on 25 June 2009 regarding the agreement for Codfarmers ASA’s acquisition of shares in NAP Marine AS and the stock exchange notice on 10 July 2009 regarding completed extraordinary general meeting in Codfarmers ASA, as well as the company’s prospectus which was approved on 30 July 2009. Codfarmers has, through the agreement of 25 June 2009 and subsequent accessions by shareholders in NAP Marine AS, acquired shares in NAP Marine AS representing approximately 99.6% of the shares in NAP Marine AS. In accordance with the authority conferred to the board by the general meeting, the board of directors has issued a total of 3,584,665 consideration shares to the selling shareholders in NAP Marine AS, and the share capital in the company has in this connection been increased from NOK 3,901,965.10 to NOK 4,260,431.60. The change was registered in the Norwegian Register of Business Enterprises on 6 August 2009. Subsequently, the company’s registered share capital is NOK 4,260,431.60, divided into 42,604,316 shares, each with a nominal value of NOK 0.10. Each share in the company carries one vote. This information is subject of the disclosure requirements according to Section 5-8 of the Norwegian Securities Trading Act. For further information, please contact: Michael Malling CEO - phone: +47 22 40 33 94