Alpcot Agro appoints new Deputy Managing Director

Alpcot Agro AB (publ) announces that it has recruited Hannes Sjöblad as Deputy Managing Director for Alpcot Agro. Sjöblad will start his employment with Alpcot Agro on 1 June 2011 and be based in Alpcot Agro’s Stockholm office.

Sjöblad has worked with Alpcot Agro since November 2008 as responsible for Investor Relations, communications and compliance. In parallel he has worked as Chief Operating Officer at Alpcot Capital Management Ltd in London. He has earlier worked as management consultant with Capgemini TME and as Trainee at MTG. Sjöblad holds a M.Sc. in Accounting and Financial Management from the Stockholm School of Economics.

Vladimir Primak, who has worked as deputy Managing Director of Alpcot Agro since October 2009, remains in the Alpcot Agro group as Managing Director of the Russian holding company Agrokultura.

Stockholm, 31 May 2011
The board of directors

About Alpcot Agro AB (publ)
Alpcot Agro is a Swedish limited liability company incorporated in 2006. The Company's business idea is to generate an attractive return on invested capital by optimally utilizing the Company’s agricultural land bank through crop production, dairy farming and other similar operations in Russia and the other CIS states. The shares in Alpcot Agro are listed on First North under the ticker ALPA and the Company’s Certified Adviser is Remium. Additional information is available on www.alpcotagro.com.