INTERIM REPORT Q2 AND FIRST HALF 2013

Group income in Q2 2013 totalled NOK 3,372 million,
an increase from NOK 2,881 million in the same period
in 2012.

The increase in turnover is generated by the segment
for production, sale and distribution of salmon and
trout, and by Norway Pelagic ASA (NPEL). NPEL is a
wholly consolidated company in Q2 2013, whereas it
was reported according to the equity method in Q2
2012. The Group reported a decline in turnover from
the segments for fishmeal and fish oil and for fish
for consumption.

Consolidated operating profit before depreciation and
value adjustment for biomass (EBITDA) for Q2 2013 was
NOK 547 million compared with NOK 299 million in Q2
2012.

EBIT before value adjustment for biomass in Q2 2013
was NOK 397 million compared with NOK 164 million in
Q2 2012.

The increase in profit is attributed to significantly
higher prices achieved for salmon and trout. The spot
price for Atlantic salmon increased by 54% in the
second quarter of 2013 when compared with the same
period in 2012. For the pelagic business segment,
both production and sales volumes have been lower in
the quarter than those achieved in Q2 2012. The fall
in sales volume is caused by limited stock at the
start of the year and a subsequent late start-up date
for the first fishing season in Peru in 2013.
Following a year of significant reductions in quotas
in Peru, we expect to see quotas at a higher level
for the next fishing season.

Income from associated companies for Q2 totalled NOK
25 million (Q2 2012: NOK -25 million). The increase
in profit from associated companies in the quarter,
when compared with the same period in 2012, is partly
due to better prices achieved for Atlantic salmon and
trout for the associated companies within
aquaculture. Moreover, NPEL's results had an impact
on the Q2 2012 figures as the company reported a loss
of NOK 15 million. The largest associated companies
are Norskott Havbruk AS (owner of the Scottish fish
farming company Scottish Sea Farms Ltd.), Brødrene
Birkeland AS and Villa Organic AS (from April 2013).

The Group's net interest expenses in Q2 2013 totalled
NOK 61 million (Q2 2012: NOK 46 million).

Profit before tax and biomass adjustment for Q2 2013
is NOK 319 million, compared with profit before tax
and biomass adjustment in Q2 2012 of NOK 118 million.

Profit before tax for the quarter totalled NOK 410
million (Q2 2012: NOK 34 million).

The Group is financially strong with an equity ratio
of 47%. The Group's net interest-bearing debt at the
end of the June was NOK 5,104 million . The increase
in NIBD is attributed to the consolidation of NPEL
with an NIBD of NOK 908 million as of 30 June 2013,
and the dividend payment made by the Group of NOK 405
million. At the end of June 2012, NIBD amounted to
NOK 3,949 million.

For further information please see attached report
and presentation.

Questions and comments may be addressed to the
company's CEO, Arne Møgster, or to the CFO, Britt
Kathrine Drivenes.

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