Morpol own 90,5% of Marine Farms

Morpol has on 17 September 2010 acquired 21 083 407 shares in Marine Farms at NOK 18.50 per share. In addition Morpol has bought all 6 032 823 shares in MAFA owned by its main shareholder Friendmall Ltd at NOK 18.00 per share.

After the transactions, Morpol owns 33 148 407 shares in MAFA, corresponding to 90.5% of the outstanding shares in MAFA. Morpol will launch a mandatory cash offer to purchase all outstanding shares in MAFA or initiate a mandatory redemption in accordance with the Public Limited Liability Companies Act Section 4-25.