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Morpol ASA: EU Comission approves Marine Harvest acquisition of Morpol



    Morpol ASA: EU Comission approves Marine Harvest acquisition of Morpol

Press Release
Morpol ASA - EU Commission approves Marine Harvest acquisition of Morpol

Oslo, 30th September 2013: Morpol ASA (OSE: MORPOL)

Reference is made to the mandatory offer (the "Offer") made by Marine  Harvest 
ASA ("Marine  Harvest")  to  acquire  all outstanding  shares  in  Morpol  ASA 
("Morpol").

The EU Commission has today approved  the completion of the Offer, subject  to 
certain conditions.  Marine Harvest  is  to divest  18,000 tonnes  of  farming 
capacity in  Shetland  (11,000  tonnes) and  Orkney  Islands  (7,000  tonnes), 
currently operated by Morpol. In addition the company is to divest  freshwater 
capacity and processing plants in the same areas.
With the approval of the transaction, Marine Harvest has the right to vote for
all its shares in Morpol.

"We are very excited  about Morpol joining the  Marine Harvest Group. This  is 
the start of the  next big phase  of the development of  Morpol", says CEO  of 
Morpol, John-Paul McGinley.

For further information, please contact:
Piotr  Kapinos,   Chief   Financial   Officer,   p.kapinos@morpol.com,   phone 
+48 512 400 151

About Morpol
The Morpol  Group  is  engaged  in  salmon processing  as  well  as  sale  and 
distribution of finished salmon products.
The Morpol Group's main products are:  cold and hot smoked salmon,  gravadlax, 
fresh salmon fillets, frozen salmon portions, organic salmon, wild salmon  and 
salmon specialties. The  Morpol Group  also has salmon  farming activities  in 
Scotland since 2010  and Norway since  2011. The Morpol  Group had revenue  of 
approximately EUR 502.7 million in 2012.

Founded in 1996 in Ustka  on the Baltic coast  of Poland, the company  employs 
over 4 000  people in  nine countries.  Morpol Group  is the  world leader  in 
smoked salmon. The company has achieved its world leading position through the
efficiency of processing activities, a  constant focus on product quality  and 
service provided to retail and food service customers. Morpol serves customers
across Europe, Japan and the United States.
For more information, please visit our web site at www.morpol.com

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

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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: Morpol ASA via Thomson Reuters ONE
HUG#1732557
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