Notice of extraordinary general meeting in Alpcot Agro (publ) 10 December 2009

The shareholders of Alpcot Agro AB (publ) (“Alpcot Agro”, or the ”Company”) are hereby invited to the extraordinary general meeting on Thursday 10 December 2009 at 9.00 am (CET) at Room Experten, Sahlén Konferens, Norrlandsgatan 15, Stockholm. Registration for the meeting will commence at 8.30 am (CET).

ATTENDANCE AT THE MEETING Shareholders wishing to attend the meeting shall be recorded in the share register maintained by Euroclear Sweden AB (previously VPC AB) no later than 4 December 2009, and notify of their intention to attend no later than Friday 4 December 2009 at 4.00 pm (CET). The notice shall be sent either by e-mail to info@alpcotagro.com or by mail to the Company at the following address: Alpcot Agro AB, Birger Jarlsgatan 2, SE-114 34 Stockholm, Sweden The notice of attendance shall include name, personal or corporate registration number, address, telephone number, number of shares held along with information of any replacements, representatives or counsels. The number of counsels may be a maximum of two (2) If attendance is taking place through power of attorney, this should together with certificate of registration and other proof of authority be sent in connection with the notice of attendance at the meeting. Shareholders whose shares are registered in the name of a nominee must temporarily register the shares in their own names in the share register maintained by Euroclear Sweden AB (previously VPC AB) in order to be entitled to attend the meeting. Shareholders wishing to re-register their shares must notify the nominee well in advance of Friday 4 December 2009 when such registration must have been completed. The total number of shares and votes in the Company amount to 29,380,700 as per the date of this notice. PROPOSAL FOR AGENDA 1. Opening of the meeting 2. Election of chairman for the meeting 3. Preparation and approval of the voting list 4. Approval of the agenda for the meeting 5. Election of one or two persons to, besides the chairman, approve the minutes of the meeting 6. Decision as to whether the meeting has been duly convened 7. Resolution regarding authorization for the board of directors to issue shares, convertibles and/or warrants 8. Closing of the meeting PROPOSAL FOR RESOLUTION Item 7. Resolution regarding authorization for the board of directors to issue shares, convertibles and/or warrants The annual general meeting on 13 May 2009 resolved to authorize the board of directors to, for the time until the next annual general meeting, with or without derogation from shareholders' pre-emption right, on one or more occasions, decide upon issue of shares, convertibles and/or warrants. Payment may be made in cash, 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. The Company is currently contemplating to issue 19,587,133 new shares in a preferential rights issue, after which most of the authorization will be used. The Board recommends that in addition to the authorization granted at the annual general meeting on 13 May 2009, to authorize the board of directors to, for the time until the next annual general meeting, with or without derogation from shareholders' pre-emption right, on one or more occasions, decide upon issue of shares, convertibles and/or warrants. Payment may be made in cash, through contribution, set-off or otherwise be conditional. The Company’s share capital can thereby increase by a maximum of SEK 50,000,000, corresponding to 10,000,000 new shares, which equals a dilution by approximately 17 per cent of the Company's share capital and total number of votes. The dilution has been calculated as the number of shares and votes that can be issued divided with the total number of shares and votes after such issue and after the contemplated rights issue of 19,587,133 new shares presupposing that this issue is fully subscribed for. Derogation from the shareholders pre-emption right shall be made to enable acquisitions, expedite the Company's expansion and, when needed, strengthen the Company's financial position, and to remunerate for provided management services. The subscription price shall at all times be as close to the stock’s market value as possible with any customary subscribers' discount. DOCUMENTS The board’s complete proposal to item 7 will be held available at the law firm Delphi, 30-32 Regeringsgatan, Stockholm from Thursday 26 November onwards. Copies of the document will be sent upon request to shareholders who provide their postal address. The document will also be made available on the Company's website, www.alpcotagro.com, as well as presented at the meeting. Stockholm, November 2009 The board of directors