New President and CEO Appointed at Ocean Nutrition Canada Limited

DARTMOUTH, Canada, July 6, 2010 - Ocean Nutrition Canada Limited - Long time Ocean Nutrition Canada Ltd.
(ONC) President and CEO, Robert Orr, will make way for a new CEO to lead the
company's next growth phase, with particular focus on international
expansion efforts and the food sector.

Martin Jamieson, a 30 year international food industry veteran, has been
appointed as the new President and CEO at ONC. He will oversee day-to-day
operations at the Dartmouth, Nova Scotia-based Omega-3 dietary supplement and
food ingredient, researcher and manufacturer.

Orr, company co-founder with John Risley, becomes Chairman, who will work
with Jamieson and the Board of Directors in charting the firm's strategic
direction and will focus on Omega-3 category growth activities.

Martin Jamieson has an impressive background growing firms with familiar
household names. Most recently, Jamieson was Executive Vice President of
Loblaw Brands at Loblaw Companies, Canada's leading food retailer,
responsible for the management and marketing of their $7 billion private
label business. Prior to that, he was President of Robin Hood Multifoods and
before that President of Pillsbury Canada Ltd.

Jamieson came to Canada with Pillsbury, after successfully running the
firm's UK/Ireland business. Additionally, he led pan-European marketing and
strategic planning for Häagen-Dazs and spearheaded the brand's introduction
and growth across 14 countries.

In addition to his brand marketing skills, international food industry
experience and strong leadership track record, Jamieson also brings a strong
technical knowledge to his new position. Jamieson studied food technology at
Cheshire College of Agriculture in the UK and began his career as a food
processor and food technologist, in the dairy industry. He also holds a BSc
(hons) in Food Marketing Management from Sheffield Hallam University in the
U.K.

"Talent, particularly leadership talent, is the key to sustaining growth
and profitability in our industry. Building an internationally competitive
company with sustainable differentiation requires a particular skill set.
Martin has that talent and skill set. We are very fortunate to have him
joining ONC and accepting the challenge of taking the company to the next
level" said Orr.

"I am delighted to be joining Ocean Nutrition Canada as President and CEO
of this remarkable company. The company is a leader in its field, is growing
rapidly internationally and employs some of the most passionate and talented
people that I have met in over 30 years in the international food industry. I
look forward to leading the company through the next phase of rapid growth
and development" Jamieson said.

ONC is the leading provider of Omega 3, EPA & DHA, ingredients to the
dietary supplement and food industry, with operations in Nova Scotia,
Wisconsin and Peru and sales offices in Canada, USA, Europe, Australia and
China and has over 300 employees.

About Ocean Nutrition Canada Limited (ONC):

Ocean Nutrition Canada is a privately held company, whose major
shareholder is Clearwater Fine Foods Incorporated. Clearwater Fine Foods
Incorporated is a diversified holding/investment company whose significant
holdings include a controlling interest in Clearwater Seafood's Limited
Partnership, the world's largest integrated shellfish harvester and
processor.

ONC is the world's largest supplier of Omega-3 EPA and DHA ingredients
from fish oil, marketed into the dietary supplement and food manufacturing
markets. To date MEG-3(R) ingredients have been included in over 82 billion
servings of food and supplement products world wide. For more information on
the health benefits of MEG-3(R) ingredients please visit
www.meg-3.com.

For further information: Joanna Lane, Ocean Nutrition Canada Ltd., Tel:
+1-902-480-3288, Cell: +1-902-488-0141, jlane@ocean-nutriton.com;
www.ocean-nutrition.com

For further information: Joanna Lane, Ocean Nutrition Canada Ltd., Tel: +1-902-480-3288, Cell: +1-902-488-0141, jlane at ocean-nutriton.com; www.ocean-nutrition.com