Supplementary Prospectus (21.03.12)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN

Reference is made to announcement dated 16.03.2012.

The Financial Supervisory Authority of Norway has approved a supplemental prospectus to the prospectus dated 13.03.2012 concerning information as set out in announcement referred to above.

Investors that have applied for offered shares in the rights offering before the publication of the supplemental prospectus have the right to withdraw their application within two Norwegian business days after the publication of the supplemental prospectus, cf. Section 7-21(2) of the Norwegian Securities Trading Act (i.e. prior to 17:30 hours CET on 23 March 2012). Such withdrawal is made by contacting the manager Arctic Securities via telephone +47 21 01 31 00, fax +47 21 01 31 36 or through email at settlement@arcticsec.no.

The supplemental prospectus will be available to the public from 21 March 2012 at:

The Company:
Aker BioMarine ASA
Fjordallèen 16 (Aker Brygge)
0250 Oslo
Norway
www.akerbiomarine.com

The Manager:
Arctic Securities ASA
P.O. Box 1833 Vika
Haakon VII's gt. 5
0123 Oslo
Norway
www.arcticsec.no

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This press release was issued by Aker BioMarine ASA and was initially posted at http://www.akerbiomarine.com/news.cfm?path=200,169&id=3-1374 . It was distributed, unedited and unaltered, by noodls on 2012-03-22 12:40:59 PM. The issuer is solely responsible for the accuracy of the information contained therein.