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A man and child have been rescued and another man has died after a boat overturned in waters near Jervis Bay on Thursday.
About 10am two men and a four year-old boy set out from Currarong on a fishing trip.
Police have been told around 1pm, the vessel overturned in the waters near a spot called Drum and Drumsticks.
One man, aged 39, and the boy were able to make it to nearby rocks; however the second man was still in the water.
When the men did not return home by their agreed time, a family member contacted Marine Rescue NSW, who contacted NSW Water Police.
Initial inquiries found their car and boat trailer at the Currarong boat ramp.
As a result, Polair 5, Marine Rescue and Port Kembla Water Police were dispatched.
Polair located the man and child on the rock and was able to winch them to safety. They were taken to hospital suffering minor injuries.
The body of the second man, aged 53, was located in the water a short time later.
A post mortem examination will officially determine how he died and a report is being prepared by police for the information of the coroner.