Aker Seafoods Holding AS owns 75,068,382 shares in Aker BioMarine ASA, which amounts to 83.31% of all outstanding shares in the company. Aker ASA controls 100% of Aker Seafoods Holding AS.

With reference to the upcoming share issue in Aker BioMarine ASA, Aker Seafoods Holding AS has, on 27 April 2010, exercised all its subscription rights. This means that Aker Seafoods Holding AS has subscribed to minimum 488,000,000 shares, plus 83.31% of all shares issued beyond 586,000,000 shares, which is the minimum number of shares to be issued.. The subscription price is NOK 1 per share.

Pursuant to the resolution regarding the share issue, Aker Seafoods Holding AS will receive a maximum of 531,489,295 shares and a minimum of 488,000,000 shares. The final number of shares allotted to Aker Seafoods Holding AS depends on the number of subscriptions received from others.

The share issue and this subscription is part of a larger refinancing plan for Aker BioMarine ASA. Subject to completion of the share issue,, the company will use approximately NOK 508,000,000 of the proceeds to settle debt to Aker ASA, such that the company will no longer have interest-bearing debt to Aker ASA or other Aker companies after the completion of the share issue.

Given that the share issue is completed, Aker Seafoods Holding AS’ ownership will depend on the number of subscriptions received from other shareholders; however, Aker Seafoods Holding AS’ will own a minimum of 563,068,382 shares and a maximum of 606,557,677 shares.