Morpol - Marine Farms merger approved

Marine Farms is currently 100% owned by Morpol. The merger is resolved carried out as a parent-subsidiary merger without consideration, in accordance with the Norwegian Public Limited Companies Act section 13-24.

The merger is expected implemented mid to late December 2012, upon expiry of the two month's creditor notice period following registration of the respective boards' decision to carry out the merger with the Norwegian Register for Business Enterprises.