Linas Agro Group AB - Notification on material event

AB Linas Agro Group acquired shares of AS Putnu fabrika Kekava and rights granted thereby

Panevezys, Lithuania, 2013-10-30 08:00 CET (GLOBE NEWSWIRE) -- AB Linas Agro
Group acquired 87% of shares in Latvian company AS Putnu fabrika Kekava. From
the date of the permission of the Competition Council of the Republic of Latvia
to proceed with a relevant transaction (announced on 28 October 2013) AB Linas
Agro Group obtained voting rights granted by the shares of AS Putnu fabrika
Kekava, i.e. from that moment AB Linas Agro Group has all rights granted by the
shares of AS Putnu fabrika Kekava. The company has paid 1.4 million euros for
the shares. 

AS Putnu fabrika Kekava is the largest of the purchased Latvian poultry
companies (in addition, shares in the following companies are purchased: SIA
Broileks, SIA Cerova and SIA Lielzeltini). Revenue of AS Putnu fabrika Kekava
was EUR 33 million in 2012. 



About AB Linas Agro Group

AB Linas Agro Group is an agribusiness parent company engaged in the production
and trade of grains, oilseeds, feedstuff and agricultural inputs. It controls
companies in Lithuania, Latvia, Estonia and Denmark. The group consists of
international agricultural production trading company in Lithuania AB Linas
Agro, grain storage company UAB Linas Agro Grūdų centras KŪB (controlling grain
storages in Joniškis, Kėdainiai, Kupiškis, Pasvalys, Šakiai district, Šiauliai
and Vilkaviškis), Latvian trading company SIA Linas Agro, international trading
company Linas Agro A/S in Denmark, group of companies ŽŪB Landvesta, managing
agricultural land, holding of agricultural companies UAB Linas Agro
Konsultacijos, agricultural inputs supplier UAB Dotnuvos Projektai, operator of
lignin biofuel accumulation UAB Lignineko, logistic company UAB Jungtinė
Ekspedicija and other companies. The financial year of the Group begins on 1
July. The total headcount of the Group exceeds 1,140 employees. Consolidated
revenue of AB Linas Agro Group for financial year 2012/2013 ended June 2013
totaled LTL 2,043 million, EBITDA - LTL 127 million. 

Together with partners, the Group owns grain storage company Karčemos
Kooperatinė Bendrovė. 

From 17 February 2010 AB Linas Agro Group is included in the main list of
companies of NASDAQ OMX Vilnius stock exchange. 


         More information:
         Andrius Pranckevičius
         Deputy Managing Director of AB Linas Agro Group
         Phone +370 687 71 419
         E-mail a.pranckevicius@linasagro.lt