Buyback of minimum 200 000 and maximum 600 000 own shares
SalMar ASA plans, with authorisation given at the Company's annual general meeting on 21 May 2008, and resolution made at the Company's Board meeting on 30. October 2008, to purchase minimum 200.000 and maximum 600.000 own shares at a price of NOK 31 per share. The purchase order will take place in the period 13. November to and including 14. November 2008.
Selling orders must be made to First Securities brokerage desk, and the order must be valid until 14. November at 1730 hours (CET). Settlement date is 19. November 2008. If sales orders surpass the maximum level of shares, a pro rata reduction on all orders will apply.
Contact person in First Securities is Paal Myhrvang, telephone + 47 23 23 82 09.
The purchase of own shares will be carried out in order to fulfil obligations attached to the Company's share option program for key employees.
Due to low historic liquidity in secondary trading of SalMar shares, the Company has decided not to follow the recommendations made in the EU decrees regarding buyback of own shares and share price stabilization with regards to number of shares to be purchased and the buying period.
SalMar ASA
Contact person: Roar Husby
Tel: + 47 98 20 69 74