FINANCIAL REPORT Q3 2013

The Group reported operating income of NOK 3,283
million for the quarter (Q3 2012: NOK 2,857 million).

EBITDA before value adjustment for biomass in Q3 was
NOK 605 million (Q3 2012: NOK 281 million).

The increase in sales and EBITDA is attributed to the
business segment for Atlantic salmon and trout. The
prices achieved for Atlantic salmon and trout have
been considerably higher in Q3 2013 when compared
with the same quarter last year.

In total, the pelagic business segments reported
sales for the third quarter 2013 which are on par
with the figures reported in Q3 2012. The company has
recognised a gain on the sale of property of NOK 60
million in the quarter. The Group's Q2 production of
fishmeal in Peru has been realised in the third
quarter. Approximately 6,000 tons of fish oil from Q2
production remain for sale and are expected to be
realised in Q4 2013.

EBIT before value adjustment for biomass in Q3 2013
was NOK 473 million (Q3 2012: NOK 156 million). EBIT
after value adjustment for biomass in Q3 2013 was NOK
153 million (Q3 2012: NOK 101 million).

Income from associated companies for Q3 2013 totalled
NOK 35 million (Q3 2012: NOK 5 million). NPEL was an
associate of AUSS until January 2013. Based on the
agreement signed between AUSS and Kvefi (note 6), the
accounts have been amended and NPEL is reported as a
business held for sale in 2012 and January 2013.
Corresponding amendments have been made to the profit
figure for associated companies. The largest
associated companies are Norskott Havbruk AS (owner
of the Scotland-based fish farming company Scottish
Sea Farms Ltd.), Villa Organic AS and Brødrene
Birkeland AS.

The Group's net interest costs in Q3 2013 totalled
NOK 56 million (Q3 2012: NOK 50 million).

Profit before tax and biomass adjustment for Q3 2013
was NOK 452 million, compared with NOK 133 million in
the same quarter of 2012.

The profit before tax for the quarter totalled NOK
133 million (Q3 2012: NOK 79 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).