PACIFIC ANDES RESOURCES DEVELOPMENT LIMITED

(Incorporated in Bermuda with limited liability) (the "Company")

ANNOUNCEMENT BY CHINA FISHERY GROUP LIMITED RELATING TO THE RECEIPT OF WAIVER FROM SINGAPORE EXCHANGE SECURITIES TRADING LIMITED WITH RESPECT TO REQUIREMENT UNDER RULE 1014(2) OF THE LISTING MANUAL

The Company wishes to inform its shareholders that an announcement was made by China Fishery Group Limited ("CFGL"), an indirectly owned subsidiary of the Company, on 17 July 2017, in relation to the receipt of waiver from Singapore Exchange Securities Trading Limited ("SGX-ST") with respect to a requirement under Rule 1014(2) of the Listing Manual.

For more information, please refer to the announcement released by CFGL to the SGX-ST on 17 July 2017.

On behalf of the Board

Ng Puay Yee (Jessie) Executive Chairman

17 July 2017

Pacific Andes Resources Development Limited published this content on 17 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 July 2017 09:27:08 UTC.

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