Rick Heroux To Head New Tuna Product Supply Business

For release on opening of market on Monday, April 30, 2001


SINGAPORE— Tri Marine International has reorganized its senior management in response to increasing demand for value added tuna products. Rick Heroux will be responsible for this segment of Tri Marine's global business.Rick Heroux

"We are very pleased that Rick Heroux has decided to join the Tri Marine Group to take responsibility for this fast growing part of our business. He has a tremendous experience in successfully managing tuna processing and commercial operations within a well organized corporate environment. Rick is just the guy we need to take our finished product supply business to the next level," stated Joe Hamby, Managing Director of Tri Marine.

Rick Heroux has 30 years experience in the tuna business, most recently as managing director of Princes Tuna (Mauritius). He is expected to join Tri Marine no later than July.

Rick Herouxwill be located in Panama where he will be the manager of Tri Marine's operating company Tri Marine International. S.A. He will report to Joe Hamby.

Background on Tri Marine

Tri Marine is a tuna supply company with focus on supply of tuna and tuna products to the leading brands of tuna. It has offices in 14 countries and processing activities in plants located strategically around the world. Its tuna purse seiners operate in the Western Pacific and the Eastern Tropical Pacific. Tri Marine was formed in Singapore in 1972. Since then the company has grown to be one of the largest tuna supply companies in the world. Tri Marine is privately owned.