Required acceptance level of 33,4% in Cermaq offer

Published Modified

Board of Directors of Marine Harvest has decided to reduce the required acceptance level in the increased voluntary offer for Cermaq to 33.4 per cent; as was stated in the stock exchange notice as of 31 May 2013. The Board of Directors of Marine Harvest will furthermore put forward the offer without any condition regarding due diligence.

Marine Harvest is offering 8.6 shares in Marine Harvest in addition to NOK 53.25 in cash per share in Cermaq. Other terms and conditions are stated in previous stock exchange notices and will be described in an offer document that is expected to be distributed later this week.

The offer period will be initiated as soon as the offer document is approved by the Oslo Stock Exchange and available for distribution. The offer period is now expected to commence at 09.00 CET on 6 June 2013 and expire at 09.00 CET on 21 June 2013.

This information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. This information has been prepared by Marine Harvest. No representation or warranty (express or implied) of any nature is given, nor is any responsibility or liability of any kind accepted, with respect to the truthfulness, completeness or accuracy of any information, projection, statement or omission in this information. This information does not constitute, nor does it form part of, any offer or invitation to buy, sell, exchange or otherwise dispose of, or issue, or any solicitation of any offer to sell or issue, exchange or otherwise dispose of, buy or subscribe for, any securities. This information does not constitute investment, legal, tax, accountancy or other advice or a recommendation with respect to such securities, nor does it constitute the solicitation of any vote or approval in any jurisdiction. There shall not be any offer or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of any such jurisdiction (or under exemption from such requirements).