Lerøy Seafood Group ASA : Sale of licences in Chile


Lerøy Seafood Group ASA (LSG) has sold its Chilean company, Pacific Seafood SA, along with all production rights (licences) for salmon in Chile. The licences in question were acquired by LSG in the spring of 2007, as part of the acquisition of Veststar Holding AS.

This transaction will be recognised on LSG's consolidated accounts as a gain on sales totalling USD 9.5 million. After deduction of estimated tax, the total gain will be just under USD 8 million.

Contact person:
Chairman of the Board, Helge Singelstad, tel.: + 47 91 66 10 01 
 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
GlobeNewswire

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