Fishware Invest AS

, Norway

AKVA group Software AS, a wholly owned subsidiary of AKVA group ASA ("AKVA"), has entered into an agreement with Fishware Invest AS, for sale of the Maritech business in Norway for a price of NOK 34.5 million. The purchase price will be paid in cash on completion. The transaction will be completed on February 17th, 2012 with operational effect from February 1st, 2012. Assuming completion takes place as planned, the sale will generate a NOK 28 million gain for AKVA.

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