Introduction to Annual Report 2007 & Annual Report 2007

INTRODUCTION TO THE 2007 ANNUAL REPORT
12 March 2008

The following is a translation of a Danish original document. The
original Danish text shall be the governing text for all purposes and
in case of any discrepancy the Danish wording shall be applicable.
Introduction to the 2007 annual report of BioMar Holding A/S
The Supervisory Board has today approved the annual report of BioMar
Holding A/S for 2007.

Financial performance in 2007
§         Revenue for 2007 came in at DKK 3,677 million as against
DKK 3,274 million in 2006. Revenue is slightly lower than the latest
announced guidance of revenue of approx. DKK 3.8 billion.
§         EBIT for 2007 reached DKK 163 million as against adjusted
EBIT of DKK 202 million for 2006, but in line with the latest
guidance of EBIT of approx. DKK 160 million.
§         For 2007, the profit from continuing operations before tax
accounted for DKK 128 million as against an adjusted profit from
continuing operations before tax of DKK 181 million for 2006, but in
line with the latest guidance of EBIT of approx. DKK 125 million

The below-mentioned issues had a major impact on BioMar's financial
performance in 2007:
*          Significant production problems occurred as BioMar's two
  Norwegian factories were restarted following projects for the
  expansion of capacity. These problems persisted during the peak
  season in Q3 causing higher costs. The effect of the efficiency
  measures initiated in Norway now begins to show.
*          Changes in the biological factors caused the Chilean
  market growth to be a little below expectations.
*          Fish diseases also posed an increasing problem in Norway.
  BioMar holds a proportionally large market share in the areas
  mostly affected by fish diseases. Predominantly as a result of this
  situation, BioMar's market share in Norway was slightly on the
  decline in 2007.

Expectations for 2008
The results of Provimi Aqua are consolidated into BioMar's financial
statements as from 1 February 2008 and are, therefore, included in
the forecast for 2008:
§         Revenue of the BioMar Holding Group for 2008 is forecast at
slightly above DKK 5 billion as against approx. DKK 3.7 billion for
2007.
§         Group EBIT is forecast at approx. DKK 230 - 250 million for
2008 as against EBIT of DKK 163 million for 2007.
§         Profit from continuing operations before tax is forecast at
approx. DKK 200 - 220 million for 2008. This figure includes a profit
of DKK 38 million from the disposal of a stake in Aqua Gen AS. The
profit was realised in Q1 2008. For 2007, BioMar reported a profit
from continuing operations before tax of DKK 128 million.

The profit from discontinued operations consists of Sjøtroll Havbruk
AS. In 2008 EBIT (excl. fair value adjustment of biomass) is expected
to improve compared to the in 2007 realised EBIT of NOK 56 million.
The expectations for the profit of Sjøtroll Havbruk AS, is subject to
major uncertainty relating to changes in the prices of salmon and
trout, recognition period and the impact of an eventual disposal of
the activity.

Forecast revenue and results for 2008 are based on normal, climatic
conditions and persistently stable fish prices. Forecast revenue is
based on the assumption that average raw material prices for 2008
will be in line with the raw material prices at the beginning of
2008. Furthermore, the 2008 forecast depends on the competitive
situation, intensity of diseases at farming companies in particular
in Chile, the integration of Provimi Aqua and the effect of
operational measures to optimise recipes and production efficiency.
The development in raw material prices, energy prices, interest
level, exchange rates and general economic trends may also have the
outcome that actual results are materially at variance with forecast
results. We refer to the section "Risk Management" in the annual
report.

Other items
The Supervisory Board proposes to distribute dividends of DKK 4 per
share, equivalent to DKK 44 million for 2007.


Yours faithfully


Jens Bjerg Sørensen                          Nils Agnar Brunborg
Chairman of the                               CEO
Supervisory Board


Contacts:                     CEO
Nils Agnar Brunborg, tel. +45 25 50 50 18
Investor Relations Manager
Jens Michael Haurum, tel. +45 23 23 99 90