NOT FOR DISTRIBUTION IN OR INTO CANADA, AUSTRALIA, 
JAPAN OR ANY OTHER JURISDICTION IN WHICH THE 
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Singapore, 1 August 2013 - China Fishery Group 
Limited ("CFGL") refers to the offer document dated 
16 July 2013 (the "Offer Document") regarding the 
voluntary offer (the "Offer") to acquire all 
outstanding shares in Copeinca ASA (the "Company") 
made by CFGL's indirect subsidiary Grand Success 
Investment (Singapore) Private Limited 
(the "Offeror"), as well as the announcements from 
CFGL dated 24 June 2013 and 26 July 2013 regarding 
the completion of a call option agreement with 
Veramar Azul S.L. for the acquisition by the Offeror 
of 6,295,100 shares in the Company (the "Option 
Agreement").

The acceptance period in the Offer expired at 21:00 
(CET) on 31 July 2013. The Offeror has received 
acceptances of the Offer for a total of 56,530,639 
shares in the Company which, together with the 
5,773,000 shares owned by the Offeror and the 
6,295,100 shares to be acquired under the Option 
Agreement, represents approximately 97.72% of the 
shares and votes in the Company. This means that the 
condition for completion of the Offer set out in 
section 3.3 (a) (acceptance level) of the Offer 
Document has been met.

The numbers cited above are preliminary, and may be 
subject to adjustments. The final result will be 
published as soon as it is available. Except for the 
56,530,639 shares in the Company for which the 
Offeror has received acceptances for the Offer, the 
6,295,100 shares to be acquired under the Option 
Agreement and the 5,773,000 shares owned by the 
Offeror prior to the launch of the Offer Document, 
the Offeror and related parties do not hold other 
shares or rights to shares in the Company.

The terms and remaining conditions of the Offer are 
set out in section 3.3. (Conditions for completion of 
the Offer) of the Offer Document. In accordance with 
section 3.3, the Offeror will issue a notification 
through the Oslo Stock Exchange as soon as each of 
the remaining conditions for completion of the Offer 
has been met, waived or failed to be met. The Offeror 
expects that the conditions for completion of the 
Offer will be met no later than 23 August; however, 
no guarantee can be made.

***

The Offer and the distribution of this announcement 
and other information in connection with the Offer 
may be restricted by law in certain jurisdictions. 
CFGL does not assume any responsibility in the event 
there is a violation by any person of such 
restrictions. Persons into whose possession this 
announcement or such other information should come 
are required to inform themselves about and to 
observe any such restrictions.

This information is subject to the disclosure 
requirements set out in section 6-19 (voluntary 
offers) of the Norwegian Securities Trading Act.

Contacts

Skandinaviska Enskilda Banken AB (publ) Oslo Branch, 
financial adviser
Henrik Tangen, +47 21 00 85 11, +47 982 28 511, 
henrik.tangen@seb.no
China Fishery Group Limited
Dennis Chan, Finance Director, +852 2589 4156, 
dennis.chan@chinafish.com 

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