Pesquera Ancora S.L.

Eduardo Iglesias, 18 Vigo , Spain

Dec.15 2010- Aker Seafoods has sold all its shares of the Spanish harvesting company Pesquera Ancora to UK Fisheries Limited. Pesquera Ancora owns cod quotas in the Barents sea and off the coast of Canada, which in 2010 allows harvesting of approx 3,300 MT of fish. The company harvests the fish with its own trawlers, and employs a total of 52 people.   The revenue for 2009 was EUR 3.8 million (2008: EUR 5.5 million, 2007: EUR 1.6 million), and the company generated in 2009 profit after tax of EUR 1.8 million (2008: EUR (2.6) million, 2007: EUR 0.6 million). Pesquera Ancora's total assets on December 31st 2009 was EUR 3.8 million (2008: EUR 3.5 million, 2007: EUR 5.9 million), and gross interest bearing debt was EUR 0 million (2008: EUR 0 million, 2007: EUR 0 million).

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