Company Information for Clean Seas Tuna Limited

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Company Statement

Clean Seas Tuna Limited is an innovative state-of-the-art South Australian aquaculture enterprise, with strong links into the Tuna Fishing and fish farming industries.  Clean Seas’ operations are situated in Port Lincoln, Fitzgerald Bay, Port Augusta and Arno Bay where our main onshore complex operates on a 400 hectare site.  Clean Seas’ core business is the propagation of commercially bred Southern Bluefin Tuna, Mulloway and Kingfish for the domestic market and international consumption.

Using what is believed to be the only captive broodstock in the world, the team at Clean Seas are developing a commercial on-shore breeding facility. This is a major step towards realising the company’s long held goal of closing the life cycle of Southern Bluefin Tuna. When successful, within a decade this process could double the Southern Bluefin Tuna catch, without impacting on wild tuna stocks.

Clean Seas Tuna Limited has mature Southern Bluefin Tuna broodstock and direct access to the skills and expertise of its parent company and main shareholder -The Stehr Group.  The Stehr Group was established in the early 1970’s and is recognised as an Australian leader and International pioneer in tuna fishing, ranching and offshore fish farming.

In 2004/2005 The Stehr Group produced in excess of:

650 tonnes of farmed Southern Bluefin Tuna.
600 tonnes of aquaculture-bred Kingfish.
200 tonnes of aquaculture-bred Mulloway.
Clean Seas Tuna is the first company in the world to successfully transfer large Southern Bluefin Tuna over large distances to its on shore facilities in Arno Bay.

Current Operations

Clean Seas assets include:

400 hectare site at Arno Bay.
Mature Southern Bluefin Tuna broodstock, Kingfish and Mulloway.
Kingfish and Mulloway broodstock facilities.
Two large finfish hatcheries capable of producing up to 1.2 million fingerlings per annum (run of up 400,000 fingerlings on an eight-week cycle).
Seawater supply system which includes a 4 megalitre retention dam.
Two x 50 metre x 20 metre x 2 metre flow-through grow out ponds.
Standby generators.
Four employee houses.
Office complex.
Two large industrial storage sheds used to store several thousand tonnes of feed.
10 hectare Southern Bluefin Tuna holding licence.
20 hectare 300 tonnes grow-out licence for either Kingfish or Mulloway.
State-of-the-art Tuna broodstock facilities.

Geographical Spread

Clean Seas Products are exported across the world to countries including:

Australia
United States
United Kingdom
France
Italy
Switzerland
Netherlands
Spain
Germany
Japan

The demand for Clean Seas' product is greater than it's ability to supply fish.  This is due to the declining world-wide fish stocks and a growing global preference for Australia's "Clean and Green” seafood.

Board of Directors and Key Management

Mr Hagen Stehr AO	Chairman
Mr Marcus Stehr	Managing Director
Sir Tipene O'Regan	Non-Executive Director
Mr Ian McLachlan AO	Non-Executive Director
Mr Paul Robinson	Non-Executive Director
Mr Frank Knight	Company Secretary

Company Address Arno Bay, South Australia, Australia Telephone: +61 8 8628 0220 Facsimile: +61 8 8628 0221 Email: info[at]cleanseastuna.com.au Website: http://www.cleanseastuna.com.au

Additional Address/Key Contact Stehr Group Pty Ltd PO Box 159 7 North Quay Boulevard Port Lincoln 5606 South Australia, Australia Telephone +61 8 8682 2922 Facsimile +61 8 8682 5090 Email stehr@stehrgroup.net

Related News

01/10/07 - Clean Seas Chases The Tuna Grail

Most Recent Statement

30/08/07 - Preliminary Final Report
12/08/07 - Appendix 4C June 2007 - Amended
06/08/07 - Clean Seas joins Seafood CRC
01/08/07 - Appendix 4C - quarterly
29/04/07 - Commitments Test Entity - Third Quarter Report
27/03/07 - Breakthrough with Southern Bluefin Tuna