Copeinca (OSL:COP) PRODUCE Approves ITQ Regulation

Copeinca (OSL:COP) Peruvian President Alan Garcia approved today the Regulation for the implementation of the Individual Quota Law, related to anchovy fisheries for fishmeal production.

The new system will initially be applied to the center - north of the county (North of 16th parallel) during the first fishing season of 2009.

- We are finally reaching our goal of implementing ITQ regulation on our operations, which will translate into a 30-40% improvement on EBITDA fully in 2010, says CEO Samuel Dyer Coriat of Copeinca ASA.

Full version of the regulation is available at www.produce.gob.pe





Related websites: www.bvl.com.pe www.conasev.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 it's production is exported. Key countries for export are China, Japan, Germany, Canada, Chile and Denmark. Typical customers are fish and animal feed producers. Copeinca ASA runs its operations out of Lima and has its own fleet. Copeinca ASA has 10 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

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LINK: http://hugin.info/137275/R/1277325/284673.pdf

Copeinca

http://www.copeinca.com/home.php

ISIN: NO0010352412

Stock Identifier: XOSL.COP