Landkom EGM approves the acquisition by Alpcot Agro

Result of Court Meeting and Extraordinary General Meeting

Alpcot Agro AB (“Alpcot Agro”) is pleased to announce that, at the meeting convened by direction of the High Court of Justice of the Isle of Man and held earlier today, the proposed scheme of arrangement between Landkom International PLC ("Landkom") and the Scheme Shareholders to implement the acquisition by Alpcot Agro of the entire issued share capital of Landkom was approved by Scheme Shareholders.

At the Extraordinary General Meeting (EGM) of Landkom Shareholders, held subsequent to the Court Meeting, the resolution to approve certain matters necessary to implement the Scheme was also duly passed.

Alpcot Agro expects the remaining regulatory conditions for closing the acquisition to be fulfilled before the end of January 2012.

For further information regarding the acquisition please see the press releases published by Alpcot Agro on 20 and 21 December 2011 which are available at www.alpcotagro.com.

For additional information, please contact:
Investor Relations: Tel: +46 8 463 3941

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.