fast track for malaysian government joint vent

Fast Track For Malaysian Government Joint Venture

Dear Subscriber,

Cell Aquaculture Ltd (ASX Code: CAQ) are delighted to announce to the ASX, the strong progress made on the Joint Venture with the Malaysian Government.

Highlights are to follow:

· Second shipment of Cell equipment has now been dispatched to advance Joint Venture with Malaysian government.

· Further instalment payment of AUD$ 400,000 has now been received by Cell, with next payment of approx AUD$ 600,000 due in the coming weeks.

· Capt. Suresh Abishegam appointed to board of Cell.

· Construction of first 2,500 m2 building in Malaysia now complete and ready for system installation.

· Planning now commenced for 'world class' multi-species hatchery.

· Discussions underway to fast track total venture.



To view the full ASX announcement, please click on the following link:

http://www.cellaqua.com/files/Fast-Track-for-Cell-Malaysian-Joint-Venture.pdf



To view latest WA Business News article, please click the following link:

http://www.cellaqua.com/files/WA-Business-News-070607.pdf



For further information, also visit: www.cellaqua.com

or contact Peter Burns: [email protected]