Alpcot Agro settles dispute in Ukraine

As communicated earlier, Alpcot Agro has been involved in a dispute with a former supplier of Landkom in Ukraine.

The parties have now concluded a settlement, wherein an agreement has been reached on the amount of debt. Alpcot Agro will pay all outstanding debts to the counterparty in the near term and the counterparty will cancel all legal activities against Alpcot Agro in Ukraine including terminating the bankruptcy proceedings against Alpcot Agro’s subsidiary, which was communicated on 7 September.

Stockholm, 1 October 2012

For information contact:
Fredrik Langenskiöld, Chairman, tel: +46 707 875 740

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 Nordic AB. Additional information is available on www.alpcotagro.com.