COPEINCA ASA - ALL CONDITIONS IN VOLUNTARY OFFER SATISFIED

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

Singapore, 23 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, 7
and 22 August 2013 published in connection with the
Offer.

Today, the financing condition in section 3.3 (h) of
the Offer Document has been met. Accordingly, all the
conditions of the Offer have been met. Settlement of
the Offer is expected to take place on or around 30
August 2013 (29 August in Peru due to time
difference) as previously announced. 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


***
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