Clearwater Profiles Sustainability Initiatives for Provincial Minister of Environment

BEDFORD, Nova Scotia, October 21, 2010 - Clearwater Profiles Sustainability Initiatives for Provincial Minister of
Environment.

(Photo:
www.newscom.com/cgi-bin/prnh/20101021/415103 )

Clearwater Seafoods Limited Partnership ("Clearwater") hosted Nova Scotia
Environment Minister Sterling Belliveau on October 5, 2010 as he toured the
south shore learning about how Nova Scotia businesses and municipalities are
taking strides to protect the environment. Minister Belliveau visited the
Clearwater Fleet Operations office in Lunenburg, Nova Scotia to hear more
about the commercialization of a new technology that will harness heat from
vessel engines to provide onboard freezing capacity while processing at sea.

Clearwater is known for its commitment to sustainable fisheries and
improving environmental performance in its operations. Developed by energy
company Thermalfrost Inc., the heat recovery technology is being tested
onboard Clearwater vessels and will reduce the use of fuel, thereby reducing
greenhouse gas emissions and operating costs.

Minister Belliveau was impressed with the innovations that are leading to
greater sustainability in Nova Scotia. "It is inspiring to see progressive
businesses and municipalities embarking on clean technology projects. Many
are already seeing the benefits, not only in terms of reduced impact on the
environment, but also through cost savings and increased profits."

"We are making great strides to save energy across the company and the
commercialization of this technology on our vessels is just one of a suite of
tools we are using to achieve our sustainability goals," stated Mike Pittman,
Clearwater VP of Fleet Management. "We were happy to showcase this initiative
to Minister Belliveau and continue to demonstrate leadership in sustainable
business practices."

About Clearwater

Since its founding in 1976, Clearwater has invested in science, people,
technology, resource ownership and resource management to preserve and grow
its seafood resource. Clearwater is vertically integrated from 'ocean to
plate' owning the quotas, licenses, vessels, processing facilities, and
providing the delivery and customer support services to their local and
global customer base.

The Marine Stewardship Council has certified four of Clearwater's key
quotas, Argentine scallops, Canadian scallops, offshore lobster and coldwater
shrimp, as being harvested and managed in a sustainable and well-managed
fishery, providing both scientific evidence and global recognition of
Clearwater's sustainability efforts.

To view Clearwater's A Sustainable Future brochure, visit
www.clearwater.ca.

Clearwater remains Dedicated to Sustainable Seafood Excellence.

For further information:

Mike Pittman, Vice-President Fleet +1-902-634-8049 or

Jim Mosher, Director Harvest/Science Management, Fleet Operations
+1-902-634-2660

Photo:
www.newscom.com/cgi-bin/prnh/20101021/415103

For further information: Mike Pittman, Vice-President Fleet +1-902-634-8049 or Jim Mosher, Director Harvest/Science Management, Fleet Operations, +1-902-634-2660