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Regulatory press release

AFISH: Renewal of license in Patreks- and Tálknafjörður

Arctic Fish Holding
Arctic Sea Farm, a subsidiary of Arctic Fish received today a renewed license of
7.800 MAB for Patreksfjörður and Tálknafjörður.
The Group has farming licenses for a total of 29.8 thousand tonnes maximum
allowed biomass ("MAB"), of which 2.8 thousand tonnes are licenses for rainbow
trout. In addition, the Group has a 1.000 tonnes production license for smolt
production.

For more information contact CEO: Stein Ove Tveiten,
sot@afish.is, +354 843 9900
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