Grieg Seafood ASA: Status Directed Private Placement

Reference is made to the stock exchange announcement from Grieg Seafood ASA (the
"Company") released on 7 February 2020 regarding the acquisition of Grieg
Newfoundland AS (the "Transaction") as well as to the stock exchange
announcement from the Company released on 27 March 2020 regarding a direct
private placement in connection with the Transaction. Due to the delay of
certain confirmations, the parties have agreed to prolong the long stop date for
the Transaction by 14 calendar days

For more information, contact:

Andreas Kvame, CEO, Grieg Seafood ASA
+47 90 77 14 41
andreas.kvame@griegseafood.com

 Atle Harald Sandtorv, CFO, Grieg Seafood ASA
+47 90 84 52 52
atle.harald.sandtorv@griegseafood.com


About Grieg Seafood

Grieg Seafood ASA is one of the world's leading salmon farmers, specializing in
Atlantic salmon. The Group has a production target of 100 000 tonnes gutted
weight in 2020. Our farming facilities are in Finnmark and Rogaland in Norway,
British Columbia in Canada and Shetland in the UK. Approximately 818 people are
employed by the Group. Grieg Seafood ASA was listed at the Oslo Stock Exchange
in June 2007. Our headquarters are situated in Bergen, Norway.  The business
development of Grieg Seafood ASA focuses on profitable growth, sustainable use
of the ocean and being the preferred supplier to selected customers. To learn
more, please visit www.griegseafood.com.


This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act