Mr. George Haywood reports

SHAREHOLDERS OF NEPTUNE TECHNOLOGIES & BIORESSOURCES INC. EVALUATE POTENTIAL MEANS TO ENHANCE SHAREHOLDER VALUE

George Haywood, the largest shareholder of Neptune Technologies & Bioressources Inc., intends to initiate or participate in, alone or together with joint actors, all actions he deems necessary or advisable to enhance shareholder value in Neptune, including exploring various means to effect changes in the current management. A number of other Neptune shareholders, namely Con Egan, Conor O'Driscoll and Fulvio Dobrich have agreed to support Mr. Haywood's initiatives to enhance shareholder value in Neptune. As a result of their support, Mr. Egan, Mr. O'Driscoll and Mr. Dobrich may be considered joint actors of Mr. Haywood.

Mr. Haywood beneficially owns or exercises control or direction over 7,323,442 common shares of Neptune (shares), representing approximately 9.87 per cent of the issued and outstanding shares (based upon the 74,221,975 shares stated by Neptune in its most recent public filings to be issued and outstanding). Mr. Haywood, together with Mr. Egan, Mr. O'Driscoll and Mr. Dobrich, has beneficial ownership or exercises control or direction over 11,365,159 shares, representing over 15 per cent of the issued and outstanding shares. Mr. Haywood, his associates and/or joint actors may acquire additional shares through open market purchases, private agreements or otherwise.

Mr. Haywood has retained Norton Rose Fulbright Canada LLP as legal adviser and Kingsdale Shareholder Services as shareholder and proxy adviser.

This news release is issued pursuant to the early warning requirements of applicable Canadian securities laws. Mr. Haywood will file an early warning report in accordance with applicable securities laws, copies of which will be available on SEDAR.