A/S Trigon Agri: Acquisition of Ludmilovskiy Grain Storage Elevator and Change in the Composition of the Board of Directors

A/S Trigon Agri: Acquisition of Ludmilovskiy Grain Storage Elevator and Change
in the Composition of the Board of Directors

A/S Trigon Agri hereby announces that it has completed the acquisition of
Ludmilovskiy grain storage elevator, located nearby a regional city of
Kirovograd in Ukraine, around 300km South-East from Kiev. The acquisition was
completed by a Ukrainian subsidiary of A/S Trigon Agri through a full
acquisition of the operational assets of Ludmilovskiy grain storage elevator
property complex. The storage capacity of the elevator is 97,600 tonnes and it
takes the group's total elevator storage capacity in Ukraine close to 150,000
tonnes. The elevator is connected to the Ukrainian railroad network through a
fully functioning railroad connection. The elevator was purchased from Ramburs
Group, Kiev, and the price of the acquisition remains undisclosed in accordance
with the agreement between parties.

Launch of operations in the Kirovograd region in Ukraine notes the establishment
of the third production cluster for the group in the Black Earth region. The
group is currently actively working in Kirovograd area for establishing control
over large areas of agricultural land through long-term lease agreements, with a
target of setting up a production cluster in the region of at least 50,000ha
nearby the storage capacity. Further details on land related information in the
Kirovograd, Harkov and Samara clusters will be disclosed by the group prior to
the beginning of the 2008 spring field works. The group is currently moving on
quicker than originally expected in terms of expanding its production area and
the management is targeting to reach over 150,000ha of land under control
already during 2H 2008.

Trigon Agri A/S hereby also announces a change in the composition of the Board
of Directors. Mr. Tõnis Leetjõe has resigned on his own initiative and has been
replaced with Mr Margus Lutsoja. Mr Lutsoja holds 15 years of experience from
the agricultural and food processing sector in the Baltic states, having working
in various positions for leading enterprises in the sector. Mr Lutsoja is a
graduate of Estonian Agricultural University with a degree in Agricultural
Economics and he also holds a MSc in Economics from Tallinn Technical
University.


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 a Danish agri-business investment company, investing in
cereals and dairy farms in Ukraine, Russia and Estonia. Trigon Agri shares are
traded at the First North stock exchange in Stockholm, an alternative market
place part 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 managing over USD 1 billion in
discretionary assets.