New Bond Issue

01 Oct 2010

Norsk English

Austevoll Seafood ASA is contemplating to issue a new senior unsecured bond loan in the Norwegian credit market with maturity September 2013.

The purpose of the loan is general corporate purposes.

DnB NOR Markets and Pareto Securities are arrangers of the new
contemplated bond issue.

For further information, please contact:

Austevoll Seafood ASA
CEO Arne Møgster, phone: +47 916 61 049
CFO Britt Kathrine Drivenes, phone +47 916 61 037

DnB NOR Markets
Jan Krogh-Vennemo, phone +47 22 01 77 89

Pareto Securities
Inge Edvardsen, phone +47 22 87 87 71

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)