China Marine Hosts Shareholders' Meeting in Shishi, China, on November 21, 2012

SHISHI, China, October 31, 2012 /PRNewswire-FirstCall/ -- China Marine Food Group Limited (NYSE Amex: CMFO) ("China Marine" or the "Company"), a China-based manufacturer of Mingxiang(R) seafood-based snack foods, "Hi-Power" marine algae-based beverages, and distributor of frozen marine catch, today announced that its 2012 Annual Shareholders' Meeting ("Shareholders' Meeting") will be held at 3:00pm Beijing time on November 21, in ShiShi City, China.

Event: China Marine 2012 Shareholders' Meeting

Date/Time: November 21, 2012
3:00pm to 5:00pm Beijing Time

Location: China Marine Headquarters
Da Bao Industrial Zone
ShiShi, Fujian Province, CHINA

Stockholders of record as of the close of business on October 19 were entitled to notice of the 2012 Shareholders' Meeting. The Company will transact any matters that properly come before the Shareholders' Meeting or any adjournments thereof. The Proxy Statement announcing the Annual Shareholders' Meeting has been filed as a schedule 14A with the SEC and can be obtained from the SEC website, www.sec.gov. Proxy materials are also available on the Company's website, www.china-marine.cn.

For additional information on the Shareholders' Meeting, including travel arrangements, please contact the China Marine representatives listed at the close of this press release. To help the Company manage travel arrangements and guest lists, please provide the Company notification of attendance prior to November 14, 2012.

About China Marine

China Marine Food Group Ltd. is a food and beverage manufacturer of Mingxiang(R) seafood-based snack foods and "Hi-Power" marine algae-based health drinks, and a wholesaler of frozen marine catch in five provinces in the PRC. Founded in 1994, China Marine has grown steadily and positioned its Mingxiang(R) brand as a category leader in 3,200 retail food sales points and 13,000 beverage sales points in China. The Company has received "The Famous Brand" and "Green Food" awards. Located in Fujian province, it is one of the largest coastal provinces in the PRC and a vital navigation hub between the East China Sea and the South China Sea. The Company is committed to the highest standard of quality control with the ISO9001, ISO14001, HACCP certification and EU export registration.

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