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MANDATORY NOTIFICATION OF TRADE

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Board member Marianne Johnsen of Codfarmers ASA
has
on the 4th of September 2007 purchased 6 400
shares at an average price of NOK 39.0 in
Codfarmers ASA (COD).

After this purchase Marianne Johnsen owns 6 400
shares which are controlled by her company X-lence
Group AS.