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19-01-2012 16:06:34

COPEINCA ASA 2011 FISHING RESULTS

Copeinca finished on January 8th its second fishing season quota, and ended second in the year processing 13.73% of the total Peruvian quota of 6,175,000 MT, of which 10.7% came from own catch.  Copeinca produced 196,773 MT of fishmeal and 46,000 MT of fish oil.  100% of fishmeal was SD, fish oil production had a 5.92% yield, fishmeal production had a 23.6% yield and the total yield was 29.5%.

For the second fishing season of the year (November - January) Copeinca processed 14.68% of the total Peruvian quota of 2,500,000 MT, of which 10.7% came from own catch.  Total production for the second fishing season was 85,089 MT of SD fishmeal and 22.015 MT of fish oil.

It is noteworthy that the second fishing season formal completion is scheduled for January 31st.

For further information, please contact:

CEO Pablo Trapunsky, ptrapunsky@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 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#1578824

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