Linas Agro Group AB - Notification on material event

AB Linas Agro Group negotiating the sale of shares of the Ukrainian company

Panevezys, Lithuania, 2012-01-09 08:00 CET (GLOBE NEWSWIRE) -- AB Linas Agro
Group, company code 148030011, Smėlynės St. 2C, LT-35143 Panevėžys 

AB Linas Agro Group is negotiating with international chemical group OSTCHEM on
selling 58.04% of shares of the Ukrainian fertilizer production and trade
company PJ-SC UKRAGRO NPK. 

“Strategic investor OSTCHEM is interested in acquiring 100% of shares of PJ-SC
UKRAGRO NPK; therefore, all shareholders have received their proposal to buy
the shares. We cannot provide any further information on the possible
transaction, since negotiation process is not over yet,” said Project Director
of AB Linas Agro Arūnas Jarmolavičius. 

PJ-SC UKRAGRO NPK was established in 2002 in Kiev, the capital of Ukraine. The
company produces NPK fertilizer blends and executes wholesale and retail trade
of various fertilizers, possesses fifteen fertilizer distribution warehouses.
183 people are employed by the company. 


         Investor Relations Specialist
         Agnė Barauskaitė
         Phone +370 45 507 346
         E-mail a.barauskaite@linasagro.lt