Marine Harvest ASA : MHG: Sells all shares in Aquagen for NOK 173m

      Marine Harvest ASA : MHG: Sells all shares in Aquagen for NOK 173m

Marine Harvest has sold the 31.3% stake in Aquagen to Aquagen's majority owner
EW Group GmbH for NOK 173 mill. The transaction will trigger an accounting
gain of NOK 136 mill in Q4 2012 and a liquidity effect of NOK 161 mill, of
which NOK 89 mill in Q4 2012.

One of the rationalizations for selling the Aquagen-shares is the fact that
Marine Harvest has decided to focus its breeding activities around the
renowned Mowi strain. Marine Harvest has carried out breeding of Atlantic
salmon based on Mowi strain for more than 40 years.

The Mowi strain has demonstrated good survival and low feed conversion ratio.
The breeding methods have further led to a higher resistance to several salmon
diseases. Marine Harvests efforts in this area of the value chain have been
significantly enforced during last years and will be a strong focus area going
forward. The company expects applied science to lead to several improvements
in breeding methods.

Marine Harvests strategy is to be a leading force within sustainable salmon
farming and the company has 89 ongoing research projects.

The share sale will not alter Marine Harvest's cooperation with Aquagen.

Mr. Alf-Helge Aarskog, CEO: +47 905 97 529 (Cell)
Ms. Marit Solberg, COO Farming: +47 901 81 287 (cell)

About Marine Harvest:
Marine Harvest is one of the world's leading seafood companies and the largest
producer of farmed salmon, with presence in 21 countries and a total of 6 200
employees worldwide. The company is headquartered in Bergen, Norway, and is
listed on the Oslo Stock Exchange under the ticker code MHG. Please see for further information.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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Source: Marine Harvest ASA via Thomson Reuters ONE
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