Presentation held at Havbrukskonferansen 2015 24th November 2015

Please find attached the presentation held by Odd Eliasen, Managing Director of
Havsbrún, at Havbrukskonferansen 2015 in Oslo today, 24th November 2015.

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

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

About Bakkafrost:

Bakkafrost is the largest salmon farmer in the Faroe Islands. The Group is fully
integrated from feed production to smolt, farming, VAP and sales. The Group has
production of fishmeal, fish oil and salmon feed in Fuglafjørður. The Group
operates licenses on 14 farming fjords. The Group has primary pro­cessing in
Klaksvík, Strendur, Kollafjørður, and secondary processing (VAP) in Glyvrar and
Fuglafjørður. The headquarter is located in Glyvrar, and the company has a total
of around 700 employees.

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to purchase or subscribe for securities. The securities referred to herein may
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from registration as provided in the U.S. Securities Act of 1933, as amended.
Copies of this announcement are not being made and may not be distributed or
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