UN halts caviar exports - natural stock of sturgeon almost depleted * Caviar Creator: Magic moment for aquaculture caviar

DÜSSELDORF (Germany) 3. 9. 2004 (PROTEXT/ots) - As reportedin the New York Times on September 1, a worldwide export ban hasbeen pronounced on caviar from its traditional countries oforigin. This bad news for the world's gourmets is the final actin a long tragedy. Enduring exhaustive cultivation and illegalfishing by the countries bordering the Caspian Sea have almostdestroyed the natural stock of sturgeon and driven the price ofcaviar up to astronomical levels. In the past year, Russia,Kazakhstan, Azerbaijan and Iran exported 150 tons of sevruga,osetra and beluga caviar.

Will caviar end up being an unattainable delicacy foreveryone in the world? Probably not, because there is hope. Butit does not lie in the sturgeon's traditional waters. Salvationswims in the breeding ponds of Caviar Creator, which anticipatedthe ruin of wild sturgeon stocks years ago. Caviar Creator isbreeding the delicate noble fish under ideal conditions in modernbreeding facilities and is in a position to increase its crop offirst-class caviar in the next five years to 400 tons. At thesame time, about 10,000 tons of sturgeon delicacies will satisfythe apparently insatiable demand for noble fish.

At present, the world's largest closed aquaculture facilityfor the breeding of sturgeon is being built in Demmin,Mecklenburg-Western Pomerania, Germany. At this facility alone,33 tons of caviar can be produced annually. That is more thantwice as much as the total German caviar imports in 2002.Additional facilities are in the pipeline for the world market -in Las Vegas, Hong Kong, Malta, Spain and Moscow.

Frank Schaefer, CEO of Caviar Creator Inc.'s Europeansubsidiary in Düsseldorf, Germany had this to say: "We considerthe current market situation, and more so the expected explosionin demand for farmed caviar, to be a milestone in our company'shistory.. These latest developments already ensure us a marketshare of 25 percent, which ought to go up to 99 percent in fiveyears."

More information can be found at www.caviar-creator.com

Issued by: Caviar Creator Inc. European Subsidiary, CEO FrankSchaefer, Berliner Allee 44, D-42012 Düsseldorf, Germany; Phone:+49-211-545540; Fax: +49-211-54554-111; presse@caviar-creator.com

Subscribers please note that material bearing the slug

"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents. PROTEXT