Ann: Tuna spawning update March 2010 , page-2

march spawning wasn't a total loss ...

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The Directors of Clean Seas Tuna Limited (CSS) provide the following update on the progress of the 2010 Southern Bluefin Tuna (SBT) spawning season.

On the 19th of October 2009 the Company advised the market that it had set a target of transferring 25,000 SBT fingerlings into sea cages this season. The company is now of the opinion that this target is unlikely to be achieved but remains confident that it will be able to put fingerlings into sea cages before the ocean temperatures become too cold, which would be a major achievement.

Fingerlings that are not transferred to sea cages in April or May will be transferred to large, on‐shore, temperature and light controlled, broodstock tanks in the new tuna hatchery. For added security of the companys tuna breeding programme these facilities ere designed to assist fingerling growout until the ocean temperatures return to a level that will support their at sea survival.

We will provide further updates to the market once fingerlings have been transferred to
grow out sites.

The company aims to complete its spawning programme by the end of April 2010 in order to provide the broodstock with ample recovery time prior to next seasons spawning.