Disclosure of shareholding in P/F Bakkafrost

TF-Íløgur has today, 24 July 2014, sold 600,000 shares
in Bakkafrost P/F at a price of NOK 116.50 per share.
As a consequence of the transaction TF-Íløgur´s
ownership in Bakkafrost P/F has passed the threshold
of 5 percent of outstanding shares. TF-Íløgur´s
shareholding in Bakkafrost P/F after this transaction
is 1,854,264 shares corresponding to an ownership of
3.795% of outstanding shares. TF-íløgur is a subsidary
company of TF-Holding. TF-Holdings inddirect
shareholding in Bakkafrost P/F after this transaction
is 1,886,557 shares corresponding to an ownership of
3,86% of outstanding shares.

This information is obligatory pursuant to the
Norwegian Securities Trading Act Section 4 - 3