China Fishery Group Proposed Secondary Listing On The Oslo BORs

April 20, 2010 11:14
Reference is made to the Company's announcements dated 21 January 2010, 12 February 2010, 18 February 2010, 26 February 2010 and 26 March 2010 in relation to the proposed secondary listing of all of its ordinary shares on Oslo Bors of Norway, reports with reference to China Fishery Group.

Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as in the Company's announcement dated 21 January 2010.

The Company would like to announce that in view of the interruption to air-travel caused by the Icelandic volcanic activity, the pre-marketing events and road shows planned for the Proposed Secondary Listing have to be postponed inevitably.

It is therefore not practicable for the Company to meet the timetable set for the Proposed Secondary Listing pursuant to the approval granted by the Oslo Bors on 25 March 2010, Norway time, where the first day of listing of the Shares on the Oslo Børs shall be a date not later than 19 May 2010 (the "Deadline").

The Company will apply for an extension of the Deadline and will in this respect consult with Oslo Bors.

Further announcement(s) in relation to the Proposed Secondary Listing will be made as and when appropriate.

Shareholders and other investors are reminded to exercise caution when dealing in the Shares as the Proposed Secondary Listing may or may not proceed. In the event that Shareholders and other investors are in doubt when dealing in the Shares, they should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

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