CORRECTION: Grieg Seafood ASA: Board's approval of

This is a correction of the announcement from 23:19 03.04.2017 CEST. Reason for the correction: Correction of the first sentence of the Norwegian stock exchange filing.

The board has in a board meeting today, 3 April 2017, approved the final accounts for 2016, according to the preliminary report (Q4 report).

An electronic version of the final accounts will be available on the company's web page in the end of April.

In the preliminary report (Q4 report) presented on 16 February 2017 it was informed that the board would propose to distribute NOK 3 per share based on the 2016 financial statements. The board has today, 3 April 2017, proposed a dividend of NOK 3 per share (111,662,000 shares, of which treasury shares 1,250,000), according to the preliminary report (Q4).

The Annual General Meeting is scheduled to 7 June 2017, and given approval, the shares will be quoted ex-dividend NOK 3 as from 8 June 2017. The record date will be 9 June 2017. Date of payment is 22 June 2017.

For further information, please contact: - CEO Andreas Kvame (cell phone: +47 907 71 441) - CFO Atle Harald Sandtorv (cell phone: +47 908 45 252)

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.