Primary insider Alexander Knudsen, regional director in Grieg Seafood Rogaland AS, has redeemed 100,000 synthetic share options in Grieg Seafood ASA at a redemption rate of NOK 24.61. 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. At the redemption date Alexander Knudsen has fulfilled his purchase obligations. Alexander Knudsen has after this 200,000 synthetic share options available in Grieg Seafood ASA.

Alexander Knudsen is part of Grieg Seafood ASA's synthetic share option program, and in this connection he has 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.

Grieg Seafood ASA issued this content on 30 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 March 2016 13:30:29 UTC

Original Document: http://cws.huginonline.com/G/138681/PR/201603/1998666_5.html