MAINSTREAM SELLS PROCESSING PLANT IN CHILE

2 april 2013 Mainstream Chile has sold the processing plant in Calbuco, Chile to Australis Seafoods for USD 11.7 million The reported gain in the range of USD 7 million will be included in Cermaq's operating result at Group level for the first quarter 2013, but will not be included in the operational result for Mainstream Chile. The sale takes place as a result of an efficiency improvements program in Mainstream Chile's processing activities following the acquisition of Cultivos Marinos Chiloé (CMC) in October 2012. The processing plant in Calbuco, in Region Los Lagos, has for several years been used by Mainstream Chile primarily in the peak season for trout and Coho salmon. Mainstream Chile expects over time to invest in one of the three remaining processing plants to ensure sufficient processing capacity in a more efficient manner. The employees at the processing plant in Calbuco will be transferred to Australis Seafood with unchanged terms of employment. - The sale of the processing plant in Calbuco is a part of the realisation of synergies following the acquisition of CMC. Australis plans furthermore to use the plant year round, and the sale will thus also be positive for the employment in the local community, says CEO Jon Hindar in a comment. Further information - please contact: Jon Hindar, CEO, phone: + 47 23 68 50 10, mobile: +47 977 48 829 Tore Valderhaug, CFO, phone: + 47 23 68 50 38, mobile: +47 995 60 925 Cermaq is an international group of companies with activities in fish farming, production of salmonid feed and research in aquaculture. Cermaq has operations in Norway, Chile, Canada, and Scotland, the main geographic regions for salmon and trout farming, and in Vietnam. Through its business unit EWOS, Cermaq ranks as the world's largest producer of feed for salmonids. The business unit Mainstream is one of the world's leading farming companies of salmon and trout. The group had sales of around NOK 11.8 billion in 2012. Cermaq is listed on the Oslo stock exchange with ticker code CEQ. www.cermaq.com 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: Cermaq ASA via Thomson Reuters ONE [HUG#1689342]