American Seafoods Announces 2nd Quarter Conference Call for Bondholders

2008-09-06 00:46:02 -

www.americanseafoods.com - ASG Consolidated LLC ("American Seafoods") today announced the date and time of its quarterly bondholder conference call for the six months ended June 30, 2008. The call is open to all holders of the Company's 11 1/2% Senior Discount Notes Due 2011.

Quarterly Conference Call Information:

American Seafoods will host its conference call to discuss its first quarter financial results live on Thursday, September 11, 2008 at 11:00 am PDT (2:00 pm EDT). In order to participate, call (877) 718-5098 or (719) 325-4753 and enter access code 8024474. The call is expected to start no later than 11:15 am PDT. Information regarding replays of the conference call is available from the Company on request or by sending an e-mail to andrea.opilla@americanseafoods.com.

Disclosures of American Seafoods' operating results, including certain non-GAAP financial measures such as Consolidated Cash Flow (EBITDA), are set forth in the Company's unaudited financial statements for the six months ended June 30, 2008 and the accompanying "Management's Discussion and Analysis of Financial Condition and Results of Operations," copies of which have previously been delivered to the bond trustee and the registered holder of the bonds. Bondholders also can access these documents via the internet or obtain copies from the Company on request.

About American Seafoods

American Seafoods is a leader in the harvesting, processing, preparation and supply of quality seafood. Harvesting a variety of fish species, the Company processes seafood into an array of finished products, both on board its state-of-the-art fleet of vessels and at its HACCP-approved production facilities located in both Massachusetts and Alabama. The Company produces a diverse range of fillet, surimi, roe and block product offerings, made from Alaska pollock, Pacific whiting, Pacific cod, sea scallops, and U.S. farm raised catfish. Finished products are sold worldwide through an extensive global distribution and customer support network. From the ocean to the plate, American Seafoods has established a global sourcing, selling, marketing and distribution network bringing quality seafood to consumers worldwide. For more information, please visit us at www.americanseafoods.com.

This press release contains forward-looking statements. The words "will," "believes," "anticipates," "intends," "estimates," "expects," "projects," "plans," or similar expressions are intended to identify forward-looking statements. All statements in this press release other than statements of historical fact, including statements which address our strategy, future operations, future financial position, estimated sales, projected costs, prospects, plans and objectives of management and events or developments that the Company expects or anticipates will occur, are forward-looking statements. All forward-looking statements speak only as of the date on which they are made. They rely on a number of assumptions concerning future events and are subject to a number of risks and uncertainties, many of which are outside of the Company's control and could cause actual results to differ materially from such statements.

ASG Consolidated LLC
Brad Bodenman, 206-374-1515
Fax: 206-374-1516
brad.bodenman@americanseafoods.com