CHINA FISHERY GROUP LIMITED PROPOSED SECONDARY LISTING ON OSLO BORS

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. Following a decision to apply for an extension of the deadline for the Proposed Secondary Listing due to the interruption to air-travel caused by the Icelandic volcanic activity, the Company has submitted an application to extend the deadline for the Proposed Secondary Listing to the Oslo Bors on 20 April 2010, Norway time.

The Company is pleased to announce that the board of directors of the Oslo Bors has approved the application to extend the deadline for the Proposed Secondary Listing on 28 April 2010, Norway time. The first day of listing of the Shares on the Oslo Bors shall now be a date not later than 2 June 2010.

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.