Oslo, 11 August 2010: Aker Seafoods’ trawlers have harvested a larger volume more efficiently than in earlier years. The plants enhanced their results somewhat through better margins, inventory reduction and increased sales of fresh products. Improved profits primarily reflect high production and greater sales, but raw material shortages emerged towards the end of the first half. Prices for fish and fillet products of cod remain under pressure.

Sales and profitability for both the fleet and the processing segment were higher than in the first half of 2009. From 30 June, little raw material is available for the plants, in part because the coastal fishing fleet had harvested more of its quotas than normal at that date. Taking account of seasonal variations, therefore, the result for the first half was still unsatisfactory from a full-year perspective. The company is now restructuring its business to achieve a stable improvement in profitability, with a stronger focus on markets and customers. All processing activities have been assembled from 1 July in a single company: Norway Seafoods.

Aker Seafoods ASA will release its interim report for the second quarter on Wednesday August 11 2010. On the day of the release, representatives of the company will present the accounting figures at Shippingklubben, Haakon VIIs gate 1, Oslo, Norway. The presentation begins at 09:00 a.m. CET.

All parties are welcome to attend. No advance registration is required.

Aker Seafoods will submit its interim report to the Oslo Stock Exchange prior to the presentation. Presentation material will be available at www.newsweb.no and the group‘s website www.akersea.com.

With regards,
Aker Seafoods ASA

Oslo, 10 August 2010: With reference to the stock announcement dated 25 June 2010, regarding the restructuring of Aker Seafoods into two separate companies, it is hereby confirmed that the reservations mentioned in the said announcement are lifted and that the transaction has been completed.

Further information from:
Liv Monica Stubholt, CEO Aker Seafoods ASA, phone +47 24 13 01 60
Gunnar V. Aasbø-Skinderhaug, CFO Aker Seafoods ASA, phone +47 24 13 01 60

Oslo, 16 July 2010: The Spanish harvesting company Pesquera Ancora becomes a wholly owned subsidiary after Aker Seafoods recquired the remaining 40 percent share of the company. The acquisition is in accordance with the option contract entered into in 2007.

Oslo, 25 June 2010: Thomas Farstad has been appointed as the new president and CEO of Aker Seafoods ASA, and the board has resolved to continue developing the seafood group through two independent businesses.