No private placement to pay for Cermaqs acquistion of Copeinca

The rights issue in order to finance the acquisition of Copeinca ASA proposed by the Board was supported by the majority of the shares represented at the general meeting, but did not get the required 2/3 majority. The proposal regarding authorisation to issue shares in a private placement for the same purpose was thus not voted on, according to a release from Cermaq.

The General Meeting approved to distribute a dividend of NOK 1.00 per share for the fiscal year 2012. The dividend will be treated as the repayment of paid-in capital. The dividend will be paid on 28 May 2013 to the company's shareholders as per 21(st) May 2013, and the share will be listed exclusive of dividend from 22nd May 2013 onwards.

The General Meeting granted the Board of Directors proxy to acquire own shares up to a total nominal value of NOK 46 250 000, however, in such a way, that the company's total holding of own shares must not at any time exceed 5 per cent of the outstanding shares in the company.

Directors Rebekka Glasser Herlofsen, Helge Midttun and Åse Aulie Michelet were re-elected as board members in Cermaq ASA for a period of 2 years. In addition, Mr. Samuel Dyer Coriat was elected to the Board of Directors for a period of two years with effect from the date of (and therefore subject to) the completion of Cermaq's voluntary offer for the shares in Copeinca ASA. The Chair of the Board,

Bård Mikkelsen, was not up for election.