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MARINE HARVEST REGISTRATION STATEMENT EFFECTIVE

 WOODBRIDGE, N.J., Aug. 25 /PRNewswire/ -- Marine Harvest International, Inc. (AMEX: MHI) today announced that the registration statement for its public offering of 4,250,000 newly issued shares of common stock has been declared effective. The public offering price is $9 per share. Smith Barney Shearson Inc. and Bear, Stearns & Co. Inc. co-managed the tranche offered in the United States and Canada and Smith Barney Shearson Inc. and Bear Stearns International Limited co-managed the international tranche.
 Substantially all the net proceeds from the offering will be used to redeem the company's outstanding series A cumulative redeemable preferred stock and pay accrued and unpaid dividends thereon and related fees.
 Marine Harvest International, Inc. is engaged in the farming, processing and distribution of Atlantic salmon and Western White shrimp.
 -0- 8/25/93
 /CONTACT: Diana Burton of Marine Harvest International Inc., 908-750-1122/
 (MHI)


CO: Marine Harvest International, Inc. ST: New Jersey IN: SU: OFR

MP-OS -- NY016 -- 5747 08/25/93 10:01 EDT
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Publication:PR Newswire
Date:Aug 25, 1993
Words:162
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