Marine Farms ASA`s operation in Belize continues to generate negative results,
mainly due to the delays in the production of juveniles. Significant capital has
been invested in the development of this business and a preliminary assessment
indicates impairment of approximately NOK 35 million in the consolidated
accounts Q2 2010.
Marine Farms ASA is currently reviewing a number of options, including the
possibilities of selling its business in Belize.
For further information, please contact Bjørn Myrseth or Pål Angell-Hansen:
Tel: +47 55 90 44 70
e-mail:bjorn.myrseth@marinefarms.no or pal.angell-hansen@marinefarms.no
Web:www.marinefarms.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1426353]
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Source: Marine Farms ASA via Thomson Reuters ONE