A/S Trigon Agri: Land Under Control Exceeds 120,000 Hectares as of 31st March 2008. Acquisition Agreed for Two Additional Grain Elevators in Ukraine

A/S Trigon Agri: Land Under Control Exceeds 120,000 Hectares as of 31st March
2008. Acquisition Agreed for Two Additional Grain Elevators in Ukraine

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 as of 31 March 2008 its total land under
control exceeded approximately 120,000 hectares in its six operating clusters:
• Four cereal clusters located near Harkov (Ukraine), Kirovograd (Ukraine),
Samara (Russia) and a new operating cluster for cereal production near Penza
(Russia),
• Two dairy clusters near Gdov (Russia) and in Estonia. 


Out of the total land under control approximately 118,000 hectares are located
in the four clusters in the Black Earth region (Harkov, Kirovograd, Samara and
Penza) and are earmarked for cereal production, with the remainder related to
the group's Russian and Estonian dairy farms. Out of the total land under
control, the group intends to carry out fieldworks on around 60,000 hectares of
land in spring 2008, with the remaining land planned to be taken into
cultivation during the second half of 2008.

In addition, A/S Trigon Agri announces that, pursuing its strategy to build
storage capacity, it has signed the agreements for the acquisition of two
additional grain storage elevators for its recently established Kirovograd
cereal production cluster in Ukraine. The acquisition will be completed through
an acquisition of the controlling interest in OJSC Novomirgorodsky Elevator and
the controlling interest in OJSC Yavkinskiy Elevator. The elevators are being
purchased from Ramburs Group, Kiev. The deal was concluded on a debt-free basis.
Both of the elevators are connected to the national railway infrastructure and
are well positioned to service the operational area of the Kirovograd cluster.
Novomirgorodsky Elevator has a total storage capacity of 129,000 tonnes.
Yavkinskiy Elevator has a total storage capacity of 45,600 tonnes.

The acquisitions are expected to be closed within a few days. Following the
completion of these two acquisitions, A/S Trigon Agri group will own five grain
storage elevators in Ukraine, all in close proximity to two of its clusters,
with a combined total capacity of 322,000 tonnes.


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 land under control figures provided in this document have been prepared by
A/S Trigon Agri. There is no generally accepted definition or concept of ‘land
under control' and the land comprised under this concept includes land which is
both registered and unregistered and also land which A/S Trigon Agri controls
pursuant to memoranda of understanding and powers of attorney. 

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.