Mr. Andre Godin reports

NEPTUNE ANNOUNCES NORMAL COURSE ISSUER BID

Neptune Technologies & Bioressources Inc. intends to repurchase parts of its Class A common shares issued and outstanding by way of a normal course issuer bid (NCIB) to be carried out by TD Securities Inc. through the facilities of the Toronto Stock Exchange and Nasdaq Stock Market, in accordance with applicable Canadian and United States regulatory requirements and TSX rules, based on which Neptune may be allowed to repurchase up to the higher of 5 per cent of its common shares issued and outstanding or 10 per cent of its public float (as such term is defined under the TSX policies).

Neptune has the initial intention to repurchase for cancellation up to 1.5 million of its common shares, representing approximately 2 per cent of the issued and outstanding common shares of the corporation as of Aug. 31, 2014. Neptune's board of directors believes that such purchases are in the best interest of Neptune and that such purchases constitute an attractive investment opportunity and desirable use of Neptune's funds that should enhance the value of Neptune's remaining shares.

Subject to TSX acceptance, Neptune may purchase such shares under the NCIB during a 12-month period commencing Nov. 1, 2014, and ending on Oct. 30, 2015, or the date on which the corporation has either acquired the maximum number of shares allowable under the NCIB or otherwise decided not to make any further repurchases under the NCIB.

The actual number of shares purchased, the timing of purchases and the price at which the shares are bought will depend on future market conditions and on potential alternative uses for the corporation's cash resources. Any purchases will be subject to trading restrictions and will be made by the corporation at the prevailing market price of the shares at the time of purchase. The corporation may elect to suspend or discontinue its NCIB at any time.

We seek Safe Harbor.