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American Seafoods’ Community Advisory Board Calls for Applications for Its Alaska Community Grant Program

Applications Due Friday, Feb. 12 for February 2010 Grants

SEATTLE--(BUSINESS WIRE)--The Community Advisory Board (CAB) of American Seafoods Company announced today that it is accepting applications for its Alaska community grant program. To be considered for a grant, all applications must be submitted by Friday, February 12.

“The funding provided by our Community Advisory Board is just one way American Seafoods can give back to the Alaskan communities we operate in”

Each year, the CAB community grant program awards $75,000 to community projects throughout rural Alaska. A total of $30,000 will be allocated by the CAB in February to various community projects tackling issues such as hunger, housing, safety, education, research, natural resources and cultural activities.

During the December 2009 CAB meeting, 30 programs were awarded grants totaling over $31,000. The CAB evaluates each proposal based on the following criteria: the need in the community, project benefits, the number of people that will benefit from the program, who the award is intended for, and the ability to garner additional funding. Grant recipients will be selected at the CAB’s meeting on Tuesday, Feb. 23.

“The funding provided by our Community Advisory Board is just one way American Seafoods can give back to the Alaskan communities we operate in,” said Inge Andreassen, president of American Seafoods Company. “We look forward to continuing to support and reward the organizations that are making a difference in their communities.”

Applications for the grant program are available online at www.americanseafoods.com, or by contacting Kim Lynch at kim.lynch@americanseafoods.com or 206-256-2659. Completed applications should be returned to Lynch at American Seafoods using email, fax at 206-448-0202, or postal mail at 2025 1st Ave, Ste 900, Seattle, WA, 98121.

About American Seafoods Company and American Seafoods Group

American Seafoods Company is a subsidiary of American Seafoods Group, one of the world’s leading companies in the harvesting, processing, preparation and supply of quality seafood. Harvesting a variety of fish species, American Seafoods Group processes seafood into an array of finished products, both on board its state-of-the-art fleet of vessels and at its HACCP-approved production facilities located in Massachusetts. The Company produces a diverse range of fillet, surimi, roe and block product offerings, made from Alaska pollock, Pacific whiting, Pacific cod and sea scallops. Finished products are sold worldwide through an extensive global distribution and customer support network. From the ocean to the plate, American Seafoods has established a global sourcing, selling, marketing and distribution network bringing quality seafood to consumers worldwide. For more information, please visit us at www.americanseafoods.com.

This press release contains forward-looking statements. The words “will,” “believes,” “anticipates,” “intends,” “estimates,” “expects,” “projects,” “plans,” or similar expressions are intended to identify forward-looking statements. All statements in this press release other than statements of historical fact, including statements which address our strategy, future operations, future financial position, estimated sales, projected costs, prospects, plans and objectives of management and events or developments that the Company expects or anticipates will occur, are forward-looking statements. All forward-looking statements speak only as of the date on which they are made. They rely on a number of assumptions concerning future events and are subject to a number of risks and uncertainties, many of which are outside of the Company’s control and could cause actual results to differ materially from such statements.

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