Marine Harvest ASA : Offer Document for all outstanding shares in Morpol ASA approved by the Oslo Stock Exchange

 Marine Harvest ASA : Offer Document for all outstanding shares in Morpol ASA
                     approved by the Oslo Stock Exchange

NOT FOR PUBLIC DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA,
CANADA OR JAPAN

(Bergen, 15 January 2013): Reference is made to the press release dated 17
December 2012 regarding the acquisition of 48.5% of the shares in Morpol ASA
("Morpol"), which has triggered a mandatory offer (the "Offer") by Marine
Harvest ASA ("Marine Harvest") for all shares in Morpol ASA not already held
by Marine Harvest.

The offer document from Marine Harvest has now been approved by the Oslo Stock
Exchange.

The offer price is NOK 11.50 per share, which will be settled in cash. The
offer price represents a premium of 39 percent compared to the closing price
of Morpol's shares at Oslo Børs on 14 December 2012, the last trading day
before the announcement of the decision to make the Offer. The offer price
also represents a premium of 38, 37 and 32 percent to Morpol's volume weighted
average share price for the 3 month, 6 month and 12 month periods ending on 14
December 2012, the last trading day prior to the announcement of the Offer,
respectively.

The offer period under the Offer is from and including 15 January 2013 to and
including 26 February 2013 at 16:30 (CET). Settlement of the Offer is expected
to be on or about 12 March 2013.

In order for a shareholder to accept the Offer, the acceptance form found in
the offer document must be fully and correctly completed, signed and received
by the receiving agent before 16:30 (CET) on 26 February, 2013.

Arctic Securities ASA has acted as financial advisor and receiving agent for
Marine Harvest in relation to the offer.

The offer document will be made public from 15 January 2013 and sent to
shareholders in Morpol (as registered in VPS on the 14 January 2013). The
offer document can also be obtained by contacting Arctic Securities ASA
(www.arcticsec.no).

Contacts at Marine Harvest:

Mr. Alf-Helge Aarskog, CEO: +47 905 97 529 (cell)
Mr. Ivan Vindheim, CFO: +47 958 71 310 (cell)
Mr. Ole-Eirik Lerøy, Chairman of the board: +47 995 35 566 (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 22 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
www.marineharvest.com for further information.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Marine Harvest ASA via Thomson Reuters ONE
HUG#1670328
 
Press spacebar to pause and continue. Press esc to stop.