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2016-03-14

Grieg Seafood ASA: Grieg Seafood ASA: Mandatory Notification of Trade - synthetic share options

Primary insider Stewart Hawthorn, Regional Director in Grieg Seafood BC Ltd.,
has redeemed 50,000 synthetic share options in Grieg Seafood ASA at a
redemption rate of NOK 24.61. The settlement is paid in cash. The synthetic
share option program beneficiary is obliged to re-invest 50% of his proceeds
from the program in Grieg Seafood ASA shares. This obligation is enforced
until the beneficiary owns 100% of his gross annual salary. Stewart Hawthorn
has after this 250.000 synthetic share options available in Grieg Seafood
ASA.

Stewart Hawthorn is part of Grieg Seafood ASA's synthetic share option
program, and in this connection he has an obligation to hold shares in Grieg
Seafood ASA.

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Grieg Seafood ASA via Globenewswire

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