Copeinca (OSL:COP) COP: D&C HOLDING CANCELLED THE APPOINTMENT OF ITS FINANCIAL ADVISOR

Copeinca (OSL:COP) Reference is made to the Board of Directors announcement on 5 December 2008, where they stated they had been informed by Dyer Coriat Holding S.L. (D&C Holding), which hold 32.65% of the shares of Copeinca ASA, and by Luis Dyer Ampudia Osterlin and his family, who hold approx 9% of the shares of Copeinca ASA, that both had appointed financial advisors to explore various strategic alternatives with regard to their respective shareholdings in Copeinca ASA.

Today, the Board of Directors has been informed by Dyer Coriat Holding S.L. (D&C Holding), that the appointment of their financial advisor has been cancelled and that the same applies to the mandate provided by Luis Dyer Ampudia. At the same time, D&C Holding refers that has also decided to terminate any investigation of strategic alternatives for their shareholdings in Copeinca ASA.

Oslo / Lima, 22 January 2009 The Board of Directors Copeinca ASA

For further information, please contact: Christian Selmer, Chairman of the Borrad Tel + 47 2311 6500

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 fleet. Copeinca ASA has 11 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/1284503/287804.pdf

Copeinca

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

ISIN: NO0010352412

Stock Identifier: XOSL.COP