Belize Aquaculture upper ponds

Tully & Holland, Inc. ("T&H") is pleased to announce its role as financial advisor to Belize Aquaculture, Ltd. ("BAL" or the "Company") in conjuction with an investment in and recapitalization by Thailand-based Seafresh Industry Public Co., Ltd. (CFRESH: Bankok). This joint venture will provide Belize Aquaculture additional capital for growth.

Founded in 1996 by Sir Barry Bowen, “Belize Aquaculture is one of the premiere shrimp farms and integrated production facilities in the world,” according to Tim Tully, President of Tully & Holland. Using strict environmental controls, adherence to the highest standards of sustainability and traceability, Belize Aquaculture has achieved one of the highest productivity levels in the shrimp farming industry in a world-class processing plant located on 14,000 acres on Blair Atholl Estate inBelize. “This transaction is yet another example of the globalization of food markets, in this case across three continents,” according to Tully.

About Belize Aquaculture, Ltd.

Belize Aquaculture, Ltd., www.balshrimp.com, is one of the world's foremost Intensive Marine Shrimp Aquaculture Companies. BAL has the unique ability to ship fresh cooked, never frozen shrimp and other value added shrimp products to US markets. BAL's extensive infrastructure and state-of-the-art processing plant is characterized by the World Wildlife Fund as "likely to be the aquaculture system of the future.

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