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Cermaq ASA In 2006 Cermaq ASA entered into share option agreements with leading employees. The share option agreements entitle the employees to a total number of share options, to be vested in three equal tranches on 26th October 2006, 1st June 2007 and 1 June 2008. In accordance with this scheme, new options are transferred to primary insiders today, the 1st June 2008. The new options may be exercised between 1st June 2011 and 1st June 2014. The exercise price for the new options will be the average price for traders in Cermaq ASA shares the day before the vesting date and the two consecutive trading days, with an addition of 10 per cent. The share option scheme contains conditions limiting financial gains.
Please find enclosed a list of updated share option holdings for primary insiders.
