Reference is made to the offer from Aker Seafoods to repurchase a bond loan listed on the Icelandic stock exchange as described in the stock exchange release dated 2 July 2009. The company has received acceptance from the bond holders for acquiring 99% of the bonds connected to Aker Seafoods' bond loan. Today, Aker Seafoods has completed its repurchase of the bonds. Aker Seafoods paid NOK 239 million for 99% of the bonds. Due to a weaker Icelandic currency, the repurchase gives an accounting profit of approximately NOK 50 million. The company is working to assess the final accounting treatment of the transaction, including the effect of the termination of an interest and swap agreement with its Icelandic counterpart as mentioned in prior stock exchange releases and the company's quarterly presentation. The company expects to book further gain as soon as this has been finalized. Per 30 June 2009, the swap agreement is recorded in the balance sheet with NOK 111 million. As part of the financing of the repurchase of the obligation loan, Aker Seafoods has obtained a five-year loan through a syndicated loan managed by DnB NOR Bank ASA. - With the refinancing of the bond loan, Aker Seafoods has secured a minimum of five-year financing for most of the company debt. After the refinancing, Aker Seafoods has an average interest margin of 1.4% on the company's loan. We are pleased with having the financing in place so that we now can shift our full focus to harvesting and production of high quality seafood products, says Aker Seafoods CEO Yngve Myhre. For further information, please contact: Yngve Myhre, CEO, Aker Seafoods ASA. Telephone +47 24 13 01 60 Gunnar Aasbø, CFO, Aker Seafoods ASA. Telephone +47 24 13 01 60