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Copeinca: PERU AUTHORIZES STARTING OF FIRST FISHING SEASON 2011


April 10, 2012 - London

On 6 April, PRODUCE, the Peruvian Ministry of Production's Fishing Vice Ministry, the entity that executes and directs the sector's policies to guarantee the rational management of fishing resources and preservation of the environment, issued resolution 162-2012 authorizing the start of the first fishing season on 2 May at 00:00 hours in the area between the center - north area of Peru (North of 16th parallel).

The maximum allowable catch limit of anchovy for indirect human consumption for the first fishing season is 2,700,000 MT.

The first fishing season will end once the maximum allowable catch limit is reached, otherwise on 31 July 2012.This date may be extended according to the biological environment, prior report from the Instituto del Mar Peruano, IMARPE.

The list of maximum limits per vessel (quota) is available at www.produce.gob.pe

For further information, please contact:
CEO Pablo Trapunsky, ptrapunsky@copeinca.com.pe
CFO Jorge Ramirez, jramirez@copeinca.com.pe
Tel. (511) 213-4000

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.

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(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

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