Norway Royal Salmon ASA: Notice to Annual General Meeting

Attached please find the notice to the Annual General Meeting in Norway Royal Salmon ASA (the "Company"), which will be held in Trondheim 26(th) May 2016. The notice will be sent to all shareholders by post by 4(th) May 2016.

The board of directors proposes a distribution of dividend for 2015 of NOK 2.60 per share, by way of a cash distribution of NOK 1.30 per share and distribution of shares in the Company from the Company's treasury shares.

The number of shares for distribution in total and per outstanding share will be decided based on the shares' volume weighted average price on the Oslo Stock Exchange five trading days before the general meeting, and will be announced at the day of the annual general meeting. The last day of the valuation period will due to practical reasons be 20 (th) May 2016.

Fractional shares will not be distributed. The number of shares each shareholder registered in the VPS will receive will be rounded up to the nearest number of whole shares.

The Company generally does not seek to determine, nor comment on, the tax position of its individual shareholders. The Company will, however, note that the Company intends on taking the position that the distribution of shares does not constitute a distribution of dividends for Norwegian tax law purposes. Accordingly the Company will not withhold any withholding tax for its non-Norwegian shareholders. Norwegian shareholders' cost price for the shares being distributed is assumed to be zero; however the Company assumes that the tax authorities will conduct a proportionate adjustment of the cost price for each individual shareholder's aggregate shareholding.

Subject to the resolution being passed by the annual general meeting, the shares will be traded exclusive the right to dividends from and including 27 (th) May 2016. The dividends will be paid and the shares will be transferred on or around 6 (th) June 2016.

The annual report and accounts for 2015 were published through a stock exchange release on 27(th) April 2016 and are available on the Company's website.

For further information, please contact:

Ola Loe, CFO: + 47 911 79 411
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Notice to Annual General Meeting

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Norway Royal Salmon ASA via GlobeNewswire