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Regulatory press release

GIGANTE SALMON AS: Mandatory notification of trade

Gigante Salmon
Kristin Ingebrigtsen, member of the board in Gigante Salmon AS, has acquired
15,000 shares in Gigante Salmon AS at an average price of NOK 6.84 per share.
Following the transaction, Ingebrigtsen holds 15,000 shares in Gigante Salmon
AS.

Please see the attached notification form for further information.

If questions, please contact:
Rune Johansen, CFO
Phone: +47 988 44 724
E-mail: rune@gigantesalmon.no

About Gigante Salmon:
Gigante Salmon is a land-based salmon farming company with its first production
facility under construction on Lille Indre Rosøya in Rødøy, Norway. The
company's aquaculture concept is based on a flow-through system, combining the
benefits of conventional and land-based aquaculture while simultaneously
eliminating issues associated with conventional, sea based, farming, i.e. sea
lice and escapes as well as reduced mortality, emissions, feed waste and impact
on nearby surroundings.

See www.gigantesalmon.no for more information on the company.
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