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

Singapore, 22 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 wholly owned subsidiary Grand 
Success Investment (Singapore) Private Limited 
(the "Offeror"), as well as the announcements on 1 
and 7 August 2013 regarding the results of the Offer.

Following the final results announcement on 7 August 
2013, the Offeror has accepted a late tender of 
20,222 shares from Veramar Azul S.L. which means that 
the Offeror has received acceptances of the Offer for 
a total of 57,497,192 shares in the Company. Together 
with the 12,068,100 shares already owned by the 
Offeror, the Offeror now controls 69,565,292 shares 
representing approximately 99.1% of the shares and 
votes in the Company.

Today, the shareholders of China Fishery Group 
Limited (CFGL) voted to approve the Offer and the 
acquisition of the Company's shares thereunder. 
Further, the shareholders of Pacific Andes 
International Holdings Limited (PAIH) voted to 
approve the Offer and the acquisition of the 
Company's shares thereunder on 13 August 2013, 
meaning that the condition in section 3.3 (g) of the 
Offer Document has now been fulfilled.

Subject to the terms and remaining conditions set out 
in the Offer Document, settlement according to the 
Offer is expected to take place on or around 30 
August 2013 (29 August in Peru due to time 
difference). If you have questions regarding 
settlement procedures, please contact your relevant 
receiving agent for the Offer:

In Norway:

Skandinaviska Enskilda Banken AB (publ) Oslo Branch
Filipstad Brygge 1
P.O. Box 1843 Vika
NO-0123 Oslo
Norway
Telephone: +47 21 00 85 00
Telefax: +47 21 00 89 62

In Peru:

LarrainVial Sociedad Agente de Bolsa S.A. 
Jorge Basadre 310, Piso 2, San Isidro, Lima, Peru 
Attention: Juan José Ponce
Phone: +511 611 4300 
Fax: +511 611 4325

Following settlement of the Offer, CFGL intends to 
review its options with regard to the listing status 
of Copeinca. Such options include, but are not 
limited to, a compulsory acquisition of the remaining 
shares in the Company not already owned by the 
Offeror at the settlement of the Offer and thereafter 
a delisting of the Company from Oslo Børs, 
notwithstanding the previous intention communicated 
in section 4.11 of the Offer Document. CFGL will 
issue the appropriate announcement in due course once 
CFGL has determined the best course of action.

***

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 2100 8511, +47 9822 8511, 
henrik.tangen@seb.no

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