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Marine Harvest ASA (NO) - 2010 ANNUAL REPORT APPROVED - INCREASED DIVIDEND PROPOSAL, NOK 0.80 PER SHARE
Published:  31 March, 2011

On 30 March 2011, the board of directors of Marine Harvest ASA approved the 2010 Annual Report, including the 2010 annual financial statements for Marine Harvest ASA and the Marine Harvest Group.

The consolidated EBIT for 2010 is amended by NOK -29.2 million (to NOK 4,461.3 million) compared to what was reflected in the Q4 2010 report published 9 February 2011.

The board of Marine Harvest ASA has resolved to propose an increased dividend for 2010. The proposal, which will be voted over in the annual general meeting of 23 May 2011, is to increase the earlier proposed dividend from NOK 0.60 per share to NOK 0.80 per share. The increased dividend proposal reflects Marine Harvest's strong operational cash flow in the recent quarter and is further supported by the company's strong balance sheet.

It is the board's intention to call an extraordinary general meeting in the second part of 2011 to propose a semi-annual dividend. The size of this dividend will be dependent on the development in operational results for the forward period.

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




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