Annual General Meeting in Alpcot Agro AB

The Annual General Meeting in Alpcot Agro AB (the “Company”) was held on 17 May 2010 at 4.00 pm at the law firm Delphi, 30-32 Regeringsgatan, Stockholm.

At the meeting, the shareholders considered a number of items, some of which were the following: - The profit and loss account, balance sheet, the consolidated profit and loss account and consolidated balance sheet were approved. - That the Company’s loss for the year and retained earnings are carried forward and that no dividend is paid for the financial year 2009. - Re-election of the four directors of the board; Joakim Ollén (as chairman), Sven Dahlin, Catharina Lagerstam and Otto Ramel. - Decision to authorise the board of directors to decide upon issue of shares, convertibles and/or warrants. Payment may be made through contribution, set-off or otherwise be conditional. The Company's share capital can thereby increase by a maximum of SEK 100,000,000, corresponding to 20,000,000 new shares. - Decision not to adopt either of the two proposals on the issue and transfer of warrants with the purpose of replacing part of the management fee and/or performance fee to Alpcot Capital Management. Stockholm, 17 May 2010 The board of directors For additional information please contact: Björn Lindström, Chief Executive Officer +44 (0) 79798 55556 Joakim Ollén, Chairman of the Board +46 (0) 70 354 24 07