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Agrokultura: Extraordinary general meeting of Agrokultura AB (publ)

The board of directors of Agrokultura AB (publ) has resolved to
convene an extraordinary general meeting at which the board of
directors intends to seek authorization to issue a maximum of 20 991
342 shares with deviation from the shareholders' preferential rights.

The board of directors intends to announce the date for the notice and
the exact time of the extraordinary general meeting shortly.

Background and motivation
The board of directors has, in order to deliver the company's
shareholders' expectations, committed to a strategy to proactively
compare the value of the company as a going concern towards the value
that an outside buyer is ready to pay for the shares, the assets or a
combination of the two.

More concretely, this entails realizing the previously announced cost
reduction program, exploring strategic alternatives for the Ukrainian
as well as the Russian business, sale of non-core assets, focusing on
increasing crop yield and reinforcing the internal processes.

In conjunction with the half-year report which will be published on 28
August 2014, a full statement will be made on the business, which
will include an update on the cost reduction program and a progress
report for the year's harvest. Additionally, the company will report
on the buyer interest relating to the Ukrainian operations in the
light of recent political developments.

As previously announced, Agrokultura AB (publ) has received
information that the company's largest shareholder has entered into
an agreement regarding the off market sale of its entire holding to
an undisclosed buyer at the price of SEK 3.75 per share. Although a
significant premium to the current market price, it is significantly
lower than the last reported book value of SEK 6.80 per share. The
company has also received unconfirmed reports that the same buyer is
currently looking to build up a significant ownership position
through other off market transactions.

Repeated attempts have made been during the past week to get in touch
with the new owner in order to understand the new buyer's potential
intentions. These attempts, to date, have been inconclusive.

In the light of the above, the board of directors of Agrokultura AB
(publ) wishes to take measures to ensure equal treatment of all
shareholders with the aim to give them the benefit of the company's
true value.

Stockholm on 21 July 2014
For additional information, please contact:
Investor Relations + 44 203 427 3983 or + 46 730 43 08 84

About Agrokultura AB (publ)
Agrokultura invests in farmland and produces agricultural commodities
in Russia and Ukraine. The Group aims to generate an attractive
return on invested capital by optimally utilizing its agricultural
land bank through crop production, livestock and related operations.
Shares in Agrokultura are listed in Sweden on the Nasdaq OMX First
North exchange under the ticker AGRA and the Group's Certified
Adviser is Remium Nordic AB.


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