Alpcot Agro completes the offer to acquire BBAH Sweden AB

Alpcot Agro AB (publ) (”Alpcot Agro”) has received acceptances from shareholders representing approximately 82.7 per cent of the total votes and share capital in BBAH Sweden AB (publ) (”BBAH”) and completes the Offering. Acceptance period extended until 29 January 2010.

Not for release, publication or distribution in, or into the United States, Australia, Hong Kong, New Zealand, Canada, South Africa or Japan. Alpcot Agro announced on 24 November 2009 an offer to the shareholders in BBAH to purchase all of the outstanding shares of BBAH in exchange for shares in Alpcot Agro (0.142 new share in Alpcot Agro for each share in BBAH) (the “Offering”). The Offering has been accepted by shareholders representing 3,815,970 shares in BBAH, corresponding to approximately 82.7 per cent of the total votes and share capital. As a result, 541,868 new shares in Alpcot Agro will be issued and distributed to the shareholders in BBAH who have accepted the Offering. Alpcot Agro has decided to complete the Offering. Shareholders in BBAH that has accepted the Offering will receive shares in Alpcot Agro on or about 29 January 2010. Except for the shares tendered under the Offering, Alpcot Agro does not own or control any shares in BBAH. In order to offer shareholders, who have not yet accepted the Offering, the opportunity to participate in the same, Alpcot Agro has decided to extend the acceptance period until and including 29 January 2010. Shareholders who have accepted the Offering during the extended acceptance period are expected to receive shares in Alpcot Agro on or about 12 February 2010. For additional information please contact: Björn Lindström, Chief Executive Officer +44 (0) 20 7518 0530 Joakim Ollén, Chairman of the Board +46 (0) 70 354 24 07