NPEL – RESULT OF RESOLVED CAPITAL INCREASE

It is referred to the notification on the 29th of May 2008 regarding the board of Oslo Børs ASA’s
resolve on admitting shares of Norway Pelagic ASA to be listed on Oslo Børs. The Oslo Børs ASA
board resolve is conditional upon the company achieving enough round lot owners through a planned
capital increase.

The board of Norway Pelagic ASA was by the general meeting on the 22nd of April 2008 granted two
approvals to increase the share capital of the company in order to achieve enough shareholders to
comply with the requirements of Oslo Børs of a minimum of 500 independent shareholders. Based on
the board approvals, the company invited employees and external investors to subscribe for shares
through two separate tranches with a subscription period from 3rd of June to 17th of June 2008 at
16:30 (CET). The result is as follows:

The public offering was over-subscribed and 150,000 shares were allotted at NOK 40 per share. 8,800
shares were allotted in the employee offering to a price of NOK 32.50.

Based on the subscriptions the board of the company resolved to increase the share capital of the
company with NOK 158,800 from 14,377,451 to NOK 14,536,251 by issuing of 158,800 new shares.

Norway Pelagic ASA is expected to hold more than 700 shareholders with more than a round lot, and
a total of approximately 1,900 shareholders, complying with the conditions for listing (cf. The
notification of 29th of May 2008). The company seeks to be listed on 24th of June 2008. Fondsfinans
ASA and Glitnir Securities AS was managers for the share issues and listing, while Netfonds ASA has
been acting as selling agent in the share issue.

Chairman of the board, Sigurd Teige, states: ”We are pleased to observe the broad interest for the
new fishing company Norway Pelagic, and look forward to developing the company and the
shareholders values”.

Måløy, June 18th 2008