Copeinca ASA - Mandatory notification of trade and disclosure of large shareholding

Madrid, April 19, 2012

Andean Fishing LLC (¨Andean Fishing¨) has today, as
part of a group-internal restructuring of
shareholdings in Copeinca ASA (¨Copeinca¨),
transferred its entire holding of 8,118,075 shares in
Copeinca to Ocean Harvest S.L., a Spanish registered
company. Andean Fishing and Ocean Harvest S.L., are
deemed consolidated parties pursuant to the Norwegian
Securities Trading Act, both companies being directly
or indirectly controlled by Ivan Orlic who is also a
member of the board of directors of Copeinca.

The shares are transferred from Andean Fishing to
Ocean Harvest, S.L. at a price per share of NOK 41,
against settlement in the form of 100% of the shares
in Andean Fishing. Following the transfer, Ocean
Harvest, S.L. owns 8,118,075 shares in Copeinca, each
share representing one vote in the general meeting,
corresponding to 14.08% of the total number of shares
and votes of Copeinca. Andean Fishing holds no shares
in Copeinca after the transfer.