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20-04-2010 15:48:00

PERU AUTHORIZES STARTING OF FIRST FISHING SEASON 2010

On 18 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 100-2010 authorizing the start of the first

fishing season on 13 May at 00:00 hours in the area between the center - north

area of Peru (North of 16(th) parallel).

The maximum allowable catch limit of anchovy for indirect human consumption for

the first fishing season is 2,500,000 MT.

The first fishing season will end once the maximum allowable catch limit is

reached, otherwise on 31 July 2010.  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 Samuel Dyer, sdyerc@copeinca.com.pe

CFO Eduardo Castro-Mendivil, ecastromendi@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 6 plants located in strategic locations all around the Peruvian coast

line. The company has around 2,000 part and full time employees.

Please visit www.copeinca.com

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1405908]

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