Primary insiders Sigurd Pettersen, Regional Director in Grieg Seafood Shetland Ltd., and Knut Utheim, COO in Grieg Seafood ASA, have each redeemed 50,000 synthetic share options in Grieg Seafood ASA at a redemption rate of NOK 24.65. The settlement is paid in cash. The synthetic share option program beneficiary is obliged to re-invest 50% of his proceeds from the program in Grieg Seafood ASA shares. This obligation is enforced until the beneficiary owns 100% of his gross annual salary. Sigurd Pettersen has after this 200,000, and Knut Utheim has after this 250,000, synthetic share options available in Grieg Seafood ASA.

Both Sigurd Pettersen and Knut Utheim are part of Grieg Seafood ASA's synthetic share option program, and in this connection they both have an obligation to hold shares in Grieg Seafood ASA.

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