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

Oslo, 26 July 2013 - China Fishery Group Limited 
("CFGL") refers to the announcements of 24 and 27 
June 2013 relating to the exercise on 21 June 2013 by 
CFGL's indirect subsidiary, Grand Success Investment 
(Singapore) Private Limited ("GSI"), of a call option 
to acquire 6 295 100 shares in Copeinca ASA 
("Copeinca") from Veramar Azul S.L. ("Veramar"), and 
the contemplated arbitration proceedings due to 
failed settlement under the call option. Reference is 
also made to the offer document dated 16 July 2013 
(the "Offer Document") for the voluntary cash tender 
offer to acquire all of the shares in Copeinca made 
by GSI (the "Offer").

GSI has on 25 July 2013 reached agreement with 
Veramar to complete the acquisition by GSI of the 6 
295 100 shares in Copeinca comprised by the call 
option at the call price of NOK 59.70 per share. 
Following settlement of these shares, GSI will own 12 
068 100 shares in Copeinca, equal to approximately 
17.19% of the outstanding shares and votes in the 
company. In addition, as described in the Offer 
Document, GSI has received pre-acceptances of the 
Offer from shareholders holding in total 40 039 247 
Shares, equal to approximately 57.04% of the 
outstanding Shares and votes in the Company, and has 
also received acceptances under the Offer for an 
additional of 76 710 shares. On this basis, GSI in 
aggregate holds shares and rights to shares in 
Copeinca equal to 74.34% of the shares and votes in 
Copeinca.

***

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 4-3 and 6-19 of the 
Norwegian Securities Trading Act.

Contacts

SEB
Henrik Tangen, +47 2100 8511, henrik.tangen@seb.no

China Fishery Group Limited
Dennis Chan, Finance Director, +852 2589 4156, 
dennis.chan@chinafish.com
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