Mr. Andre Godin reports

NEPTUNE PROVIDES UPDATE ON SHERBROOKE PLANT

Reconstruction of Neptune Technologies & Bioressources Inc.'s Sherbrooke, Que., production facility will be completed April 7, 2014. Neptune is currently conducting equipment and safety-related tests at the plant and employees are being trained. Preoperational testing will start early April, 2014, with actual production commencing upon receipt of all outstanding permits.

The corporation continues to work with various government authorities, including those related to workers health and safety and the environment, to obtain all remaining permits to begin operations. Neptune has been actively working with these agencies during the construction process and has co-operated with them to implement their recommendations.

The new facility will have the capacity to produce more than 150 metric tonnes of krill oil annually. In addition, the plant has the required space to allow for a doubling of production capacity in the future, depending on demand.

We seek Safe Harbor.