Clearwater Fine Foods Inc. announced that on Monday (8 January) it acquired 625,000 common shares of FPI Limited (“FPI”), or approximately 4.17% of the total outstanding common shares, to bring Clearwater’s total holdings to 1,977,200 common shares, or approximately 13.19% of the total outstanding common shares. These shares were acquired through the facilities of The Toronto Stock Exchange.

Clearwater has purchased the common shares of FPI Limited for investment purposes and may continue to buy and may sell such common shares subject to a number of factors, including general market and economic conditions and other investment and business opportunities available to it.

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For further information

John Risley, President, Clearwater Fine Foods Inc., 757 Bedford Highway, Bedford, N.S. B4A 3Z7 (902) 457-2350

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