Lerøy Seafood Group ASA : Compulsory acquisition of shares in Havfisk ASA and Norway Seafoods Group AS

COMPULSORY ACQUISITION OF SHARES IN HAVFISK ASA

Reference is made to the stock exchange announcement published by Lerøy Seafood
Group ASA ("Lerøy") on 20 October 2016 regarding the final result of the
mandatory offer to acquire all outstanding shares in Havfisk ASA ("Havfisk").

Lerøy hereby announces that pursuant to section 4-25 of the Norwegian Public
Limited Companies Act and section 6-22 of the Norwegian Securities Trading Act,
Lerøy has resolved a compulsory acquisition of the remaining shares in Havfisk
not already owned by Lerøy (the "Havfisk Minority Shares"). In accordance with
section 6-22 of the Norwegian Securities Trading Act, the offered redemption
price to be paid by Lerøy for each Havfisk Minority Share has been set at NOK
36.50, which is equal to the offer price in the mandatory offer made by Lerøy as
announced on 16 September 2016. As of today's date the rights and ownership of
the Havfisk Minority Shares have as a consequence legally been transferred to
Lerøy, and accordingly Lerøy as of the date hereof is the beneficial owner of
100 per cent of the shares and the votes in Havfisk.

Any objections to or rejection of the offered redemption price must be made
within two months from announcement of the offer in Brønnøysund Register
Centre's electronic publication, which is estimated to occur today. The offer
will also be made in writing on paper to all Havfisk shareholders with known
address. Settlement of the redemption price will take place as soon as
practically possible, and within 14 November 2016.

As a result of the compulsory acquisition, Lerøy will pursue a delisting of the
shares in Havfisk from Oslo Stock Exchange. A separate stock exchange
announcement will be published regarding such delisting.

Helge Singelstad and Arne Møgster represent Lerøy in the board of directors of
Havfisk ASA.


COMPULSORY ACQUISITION OF SHARES IN NORWAY SEAFOODS GROUP AS

Reference is further made to the stock exchange announcement published by Lerøy
on 18 October 2016 regarding the preliminary result of the voluntary offer to
acquire all outstanding shares in Norway Seafoods Group AS ("NWSF"). Following
expiry of the voluntary offer period and further acquisitions of shares in NWSF,
Lerøy owns 81 529 458 shares in NWSF, representing 96.18% of the shares and the
votes in the company.

Lerøy hereby announces that pursuant to section 4-26 of the Norwegian Private
Limited Companies Act, Lerøy has resolved a compulsory acquisition of the
remaining shares in NWSF not already owned by Lerøy (the "NWSF Minority
Shares"). The offered redemption price to be paid by Lerøy for each NWSF
Minority Share has been set at NOK 1, which is equal to the offer price in the
voluntary offer made by Lerøy as announced on 16 September 2016 and the price
paid by Lerøy for further shares. As of today's date the rights and ownership of
the NWSF Minority Shares have as a consequence legally been transferred to
Lerøy, and accordingly Lerøy as of the date hereof is the beneficial owner of
100 per cent of the shares and the votes in NWSF.

Any objections to or rejection of the offered redemption price must be made
within two months from announcement of the offer in Brønnøysund Register
Centre's electronic publication, which is estimated to occur today. The offer
will also be made in writing on paper to all NWSF shareholders with known
address. Settlement of the redemption price will take place as soon as
practically possible, and within 14 November 2016.

The shares in NWSF will be de-registered from the NOTC list, in accordance with
the resolution passed by the extraordinary general meeting of NWSF held on 16
September 2016.

Parts of this information are subject to the disclosure requirements of section
4-2 of the Norwegian Securities Trading Act.


Lerøy Seafood Group ASA

27 October 2016