A/S Trigon Agri: Agreement Signed For Establishment of Ramburs Trigon Joint Venture for Grains Trading and Storage Management

Copenhagen, April 7, 2008

A/S Trigon Agri: Agreement Signed For Establishment of Ramburs Trigon Joint Venture for Grains Trading and Storage Management

Not for release, publication or distribution, directly or indirectly, in or into the United States of America, Canada or Japan.

A/S Trigon Agri hereby announces that it has today signed a Joint Venture Agreement with Ramburs Group (internationally known as United Grain) for the establishment of a soft commodities trading and storage management company to be named Ramburs Trigon. The new company will source and store soft commodities in Ukraine and Russia selling to clients globally. The company will be 51% owned by A/S Trigon Agri and 49% by the joint venture partner. The company will employ the majority of the existing staff of Ramburs Group in Ukraine and take over the soft commodities trading and storage management operations of Ramburs Group.

Ramburs Group is a leading independent trading company in the Ukraine, controlled by Mr Alexei Gavrilov who has experience in the soft commodities trading business dating back to 1995. Mr Gavrilov is currently the Vice President of the Ukrainian Agrarian Confederation, the founding member of the Ukrainian Agrarian Club and is to date the only Ukrainian citizen to have been a board member of GAFTA (Grain and Feed Traders Association, London). Ramburs Group is a member of Ukrainian Grain Association and a member of GAFTA. Ramburs Group has been regularly exporting grain from Ukraine and Russia and handled trading volumes in excess of 1 million tonnes annually between 2001 and 2006. Ramburs Group was also the first Ukrainian firm to start CIF terms (Cost, Insurance and Freight) deliveries of Ukrainian grain to, among other countries, Brazil, Indonesia, Tunisia, Egypt, Iran and Morocco.

The creation of Ramburs Trigon constitutes an exciting new development for A/S Trigon Agri and supports the company’s strategy to be an integrated cereals production, storage and marketing firm. A/S Trigon Agri farms land under its own control in Russia and Ukraine, has the security of its wholly owned storage facilities and can execute deliveries to end customers worldwide. Joining forces with Ramburs Group provides A/S Trigon Agri a logical and controlled expansion into the trading business. Access to the experienced professionals of Ramburs Group will also contribute significant value in soft commodity storage management and thus enhance control of the grain elevators acquired by A/S Trigon Agri.

 

For further information please contact:
Mr. Ülo Adamson, Chairman of the Board of Directors of A/S Trigon Agri
Tel: +372 66 79 200
E-mail: mail@trigonagri.com

The Company’s Certified Advisor is SEB Enskilda.

 

About A/S Trigon Agri
Trigon Agri A/S is an integrated leading cereal and dairy commodities company with operations in Ukraine, Russia and Estonia. Trigon Agri shares are traded at the First North stock exchange in Stockholm, an alternative market place of the OMX Nordic Exchange. Trigon Agri is managed under an advisory agreement by AS Trigon Capital, a leading Central and Eastern European investment and corporate advisory firm with more than USD 1 billion of discretionary assets under management.

 

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. These materials are not an offer for sale of securities. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. Any public offering of securities will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements. There is no intention to register any portion of the offering in the United States of America or to conduct a public offering of securities in the United States of America.

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. No offering of securities to the public will be or has been made in any jurisdiction outside Denmark or Sweden.

This document does not constitute an offer of securities to the public in the United Kingdom. This document is for distribution in the United Kingdom only to persons who have professional experience in matters relating to investments falling within Article 19(5) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) or to whom it may otherwise be lawfully passed on (all such persons being referred to as “relevant persons”). This document must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons.

 

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