Welcome message from Managing Director of MOFA Fish Processing Private Limited.

On the Fish export front, the Company anticipates higher growth with rising demand from importing countries for quality products with food safety integrity of the Group.

However, in 2010 it is expected that non-tariff trade barrier will remain an important issue. In addition the continued rising production cost in farming and processing with the expected stronger Bangladeshi Taka will all remain factors that will impact performance of the food industry. All players need to adjust themselves along with those mentioned factors. The Company has continuously implemented plans to increase production efficiency and invested in research and development in all areas to add value to production and reduce cost.

Human resources development and the increase efficiency of all supporting units will remain our emphasis, just as important as corporate social responsibility. This is important in ensuring our sustainable growth and to become a major player in the international food arena.

Last but not least, the Company is committed to continuous and lasting growth, which would yield appropriate return. We realize the importance of good corporate governance. Our management and staff are dedicated to create highest value to the Company. We will work wholeheartedly to make the company strong.