From the General Meeting protocol 2006 issue no. 4 and issue no. 5:
Issue no. 4
Approval of the annual report and accounts, including distribution of dividend and remuneration of the auditor and the Board of Directors
The Chairman of the Board gave a briefing on the submitted annual accounts and report, including the consolidated accounts, auditor's fee and the Board's dividend distribution proposal.
The Board's proposed allocation of the annual profit of NOK 49,450,053 this year means that NOK 21,429,209 shall be transferred from other reserves while NOK 70,879,262 shall be paid as dividends to the Company's shareholders.
The general meeting unanimously resolved the following :
The annual accounts and report are approved.
Dividend shall be paid in the amount of NOK 70,879,262, equivalent to NOK 1.66 per share. The dividend shall be paid to the shareholders who are registered shareholders of Lerøy Seafood Group ASA as of 24 May 2006. NOK 21,429,209 shall be transferred from other reserves in accordance with the Board's proposal. The Board's remuneration is approved according to the proposal as stated in Note 14 in the annual accounts. The auditor's fee was approved as stated in Note 14 to the annual accounts.
Issue no. 5
Distribution of additional dividend
As a result of the private placement of 24 April 2006, there are more shares in the company that are entitled to dividend than the Board of Directors used as the basis for the adoption of the final report and annual accounts for 2005. In order to uphold an overall dividend of NOK 1.80 per share, it is proposed that an additional dividend of NOK 0.14 be paid per share. The additional dividend will total NOK 6,120,000.
The general meeting unanimously resolved the following:
Additional dividend of NOK 0.14 per share will be distributed. The total of additional dividend NOK 6.120.000 shall be paid to shareholders who are registered shareholders of Lerøy Seafood Group ASA as of 24 May 2006.