Alpcot Agro Harvest Report 2009

- The total harvest for Alpcot Agro in 2009 amounted to about 169,300 tonnes in Russia and about 11,670 tonnes in Ukraine, excluding fodder crops. - The total harvested area was about 65,800 hectares in Russia and about 6,150 hectares in Ukraine. - The average yield for winter wheat was about 2.8 tonnes/hectare in Russia. - The wheat yields per hectare are lower than last year due to the drought in some regions, but the quality of the harvest in 2009 is better with a considerably greater share of high class milling wheat. - The Company has winter planted about 44,000 hectares in Russia and about 2,200 hectares in Ukraine during fall 2009, mainly winter wheat. Some of the winter planted fields, about 3,000 hectares, have been drought damaged and will be spring planted next year. Comment from the CEO Björn Lindström: ”Alpcot Agro has successfully completed the 2009 harvest, with a total crop production of over 180,000 tonnes. This is the Company’s second harvest and progress has been made in the operational efficiency, but there is significant room for further improvements.” For the full harvest data in tables, please see the attached file. For additional information, please contact: Björn Lindström, CEO. Tel: +44 (0) 20 7518 0530