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FirstFarms A/S: Expansion of cultivated area in Romania - intention about cooperation with DCH International A/S

FirstFarms A/S has signed a non-binding LOI (Letter Of Intent) with DCH
International A/S. Later on a due diligence will be carried out. It is the
intent, that FirstFarms rents 400 hectares from DCH International and
furthermore takes over rent contracts of 1,700 hectares, which DCH
International operates today.

FirstFarms will take over the task about delivery of slurry from DCH
International's pig production, both on the area where FirstFarms takes over
the operation and on areas assigned by DCH International.

The operation will be merged with FirstFarms' existing center in East Romania.

FirstFarms expects a negative affect of DKK 0.5-1 million in the accounts in
2015, due to start up costs. Take-over is not done before after harvest 2015.

FirstFarms maintains the expectations about an EBIT-result of DKK 6-11 million
in 2015

Billund, 14 April 2015

FirstFarms A/S

For further information:

Please visit our websitewww.firstfarms.comor contact CEO Anders H. Nørgaard on
telephone +45 75 86 87 87.

Expansion of cultivated area i Romania


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FirstFarms A/S via Globenewswire


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