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ISIN NO 001 039814.2 - Interest payments as Payment-in-Kind

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ISIN NO 001 039814.2 - Interest payments as Payment-in-Kind

Codfarmers ASA has decided to make the interest payment of MNOK 4.3 due 30 May 2011 as Payment-in-Kind (i.e. as additional bonds).

For additional information, please contact

Nicolaj Weiergang (+47 22 40 33 95)

CFO

Codfarmers ASA