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

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Codfarmers ASA has decided to make the interest payment of NOK 3.2 million due 30 November 2011 as Payment-in-Kind (i.e. as additional bonds). Interest on bonds owned by Codfarmers ASA amount to NOK 2.4 million.

For additional information, please contact

Nicolaj Weiergang (+47 22 40 33 95)

CFO

Codfarmers ASA