Record high operational EBIT for Marine Harvest

(Oslo, 15 February 2017) Marine Harvest achieved an operational EBIT of EUR 259
million in the fourth quarter of 2016, compared to EUR 90 million in the
corresponding quarter of 2015.

Supported by the good results, a strong forward market, and a solid financial
position, the Board has resolved a quarterly dividend of NOK 2.80 per share.

- Driven by high salmon prices on strong demand and reduced supply, we achieved
record high operational results in the fourth quarter. It is very encouraging to
see strong operational performance in all our entities, says CEO Alf-Helge
Aarskog.

Marine Harvest also achieved an all-time high operational EBIT for the full year
of EUR 700 million, compared to EUR 347 million in 2015.

- 2016 was a great year for Marine Harvest, with both record earnings and cash
flow generation. I am very proud of the work all our colleagues have put in to
achieve these results, Aarskog adds.

Marine Harvest Group reported operational revenues of EUR 1,018 million (EUR
867 million) in the fourth quarter of 2016. Total harvest volume was 99 634
tonnes in the quarter (110 551 tonnes). Harvest guidance for 2017 is 403 000
tonnes, which is in line with the previous guidance.

Salmon of Norwegian origin achieved an operational EBIT per kilo of EUR 2.70
(1.47) in the fourth quarter, while salmon of Scottish and Canadian origin
reported operational EBIT per kilo of EUR 1.83  and EUR 3.33  respectively (EUR
-0.30 and EUR 0.36). Salmon of Chilean origin reported operational EBIT per kilo
of EUR 2.61 in the quarter (EUR -1.31). MH Consumer Products reported an
operational EBIT of EUR 22.9 million (EUR 9.8 million).  MH Feed reported an
operational EBIT of EUR 10.8 million (EUR 8.0 million).

- We continue to strengthen the efforts in North America, with the new Dallas
plant opening at the end of the fourth quarter and a new value-added facility
opening in British Columbia in the end of the second quarter of 2017. Marine
Harvest is also nominated to purchase farming assets on the East Coast of
Canada, which in the future can further strengthen our supply to the North
American market, says Aarskog.



For further information, please contact:
Ivan Vindheim, CFO, Mobile: +47 958 71 310
Kim Galtung Døsvig, IR Officer & Head of Treasury, Mobile: +47 908 76 339




About Marine Harvest Group
Marine Harvest Group is the world's leading seafood company and largest producer
of farmed salmon, with presence in 24 countries and a total of 12 400 employees
worldwide. The company is headquartered in Bergen, Norway, and is listed on the
Oslo Stock Exchange and New York Stock Exchange (NYSE).
Please see www.marineharvest.com for further information.

Forward looking statements
This release may be deemed to include forward-looking statements, such as
statements that relate to Marine Harvest's goals and strategies, salmon prices,
ability to increase or vary harvest volume, production capacity, trends in the
seafood industry, restructuring initiatives, exchange rate and interest rate
fluctuations, expected research and development expenditures, business prospects
and positioning with respect to market, demographic and pricing trends,
strategic initiatives, and the effects of any extraordinary events and various
other matters (including developments with respect to laws, regulations and
governmental policies regulating the industry and changes in accounting
policies, standards and interpretations) on Marine Harvest's business and
results. Forward-looking statements are typically identified by words or
phrases, such as "believe," "expect," "anticipate," "intend," "estimate," "may
increase," "may fluctuate," "plan," "goal," "target," "strategy," and similar
expressions or future or conditional verbs such as "may," "will," "should,"
"would," and "could." Forward-looking statements are Marine Harvest's current
estimates or expectations of future events or future results. Actual results
could differ materially from those indicated by these statements because the
realization of those results is subject to many risks and uncertainties. Marine
Harvest ASA's registration statement on Form 20-F filed in 2015, including the
section captioned "Risk Factors," contain additional information about factors
that could affect actual results, including: changes to the price of salmon
including the value of our biological assets; hedging risks; risks related to
fish feed; economic and market risks; environmental risks; operational risks;
risks related to escapes, disease and sea lice; product risks; risks related to
our acquisitions; financing risks; regulation risks including relating to food
safety, the aquaculture industry, processing, competition and anti-corruption;
trade restriction risks; litigation risks; tax and accounting risks; strategic
and competitive risks; and reputation risks. All forward-looking statements
included in this release are based on information available at the time of the
release, and Marine Harvest assumes no obligation to update any forward-looking
statement.

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