Press Release

BioFish – Primary insiders purchase of shares

BioFish - Primary insiders purchase of shares

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BioFish - Primary insiders purchase of shares

Ole Fredrik Skulstad has on March 20 acquired 12.300 shares in Biofish Holding
AS at a price of NOK 1,165. Mr. Skulstad is the operational manager of BioFish
AS, the operational company which is owned 100 percent of BioFish Holding AS.

Ole Fredrik Skulstad holds in addition privately 1.663.594 shares and 13.930
shares through 40 percent investments in Hexatechr. Mr. Skulstad is the
operational manager of BioFish AS, the operational company which is owned 100
percent of BioFish Holding AS.

Ole Fredrik Skulstad is the brother of Torbjørn Skulstad which is the majority
owners of Monaco Invest AS/ BioFish Aquafarm AS which controls a total number of
shares of 5.727.410.



For further information, please contact:

Torbjørn Skulstad, CEO
+47 483 81 546



About Biofish:
Biofish is a land-based producer of smolt - juvenile fish destined for
aquaculture facilities. The company's production takes place in its production
facilitiy in Kvam on the Norwegian west coast, using a Recirulating Aquaculture
System (RAS), which recycles at least 99% of the water used. Biofish deliver
smolt to salmon farms along the Norwegian coast.
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