BAKKAFROST: Purchase of own shares to be used as treasury shares for the Share Savings plan

Today 11 March 2020 Bakkafrost has purchased 50,000 Bakkafrost shares to be used
as treasury shares for the Share Savings Plan for employees. The shares were
purchased in the market at a price of NOK 540,58 per share. After the share
purchase and settlement Bakkafrost holds 50,061 treasury shares.

For further information about Bakkafrost's share savings plan, see
www.bakkafrost.com/en/investor-relations/share-information/share-savings-plan

Contacts:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
· Høgni Dahl Jakobsen, 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.