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Copeinca: BOARD ANNOUNCEMENT


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-13 19:01:52 -

Reference  is made  to the  announcement by  China Fishery  Group Limited (CFGL)
today regarding their acquisition of shares in Copeinca ASA.

The  board  of  directors  of  Copeinca  (the  "Board") notes that the mentioned
acquisition  was one of two recent  transactions announced between affiliates of
CFGL as buyers and Mr. Ivan Orlic as vendor, respectively, with reference to the
announcement  yesterday  by  Golden  Target  Pacific  Limited in relation to its
acquisition  of shares in Camposol Holding Plc. The Board further notes that the
announced  acquisition of shares in Copeinca does not increase the overall level
of  pre-acceptances and other support that  CFGL has already announced 
that they have. As per earlier announcements, the Board is, together with its advisors, actively considering any and all available options to maximize shareholder value, including by soliciting interest from potential alternative bidders. As stated, the Board will disclose its recommendations and further relevant developments in due course but is at this point pleased to note that interesting dialogues have already been established with potentially interested parties attracted by Copeinca's leading operational platform and market position. Again, the Board strongly advises shareholders to refrain from taking any action in respect of their shares in Copeinca which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company. For further information, please contact: Samuel Dyer Coriat Chairman, Copeinca ASA Email: sdyerc@copeinca.com.pe Tel: + 51-(1)-213 4040 Mikkel Storm-Jensen Enrique Vivot Managing Director and Co-Head of Nordic IBD Managing Director and Head of Latam Andean Region UBS UBS Email: mikkel.storm-Jensen@ubs.com Email: enrique.vivot@ubs.com Mobile: +44-77-7624 5160 Mobile: +54-911-3175 1173 Tel: +44-20-7567 2293 Tel: +54-11-4316 0310 Per Even Hauge Torleif Ernstsen Director Director DNB Markets Carnegie Email: per.even.hauge@dnb.no Email: te@carnegie.no Mobile: +47-97 13 58 66 Mobile: +47-93 40 93 88 Tel: +47-23 26 80 58 Tel: +47-22 00 93 88 About Copeinca ASA Copeinca ASA is one of the largest fishmeal and fish oil producers in Peru. The Company produces its fishmeal and fish oil from anchovy harvested off the coast of Peru, and most of its production is exported. Key countries for export are China, Japan, Germany, Canada, Chile and Denmark.  Typical customers are fish and animal feed producers as well as refineries for omega-3 products.  Copeinca ASA runs its operations out of Lima and has its own fleet.  Copeinca ASA operates 5 plants located in strategic locations all around the Peruvian coast line. The company has around 1,400 part and full time employees. Please visit www.copeinca.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Copeinca via Thomson Reuters ONE [HUG#1685154]


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