BLACK EARTH FARMING LTD.: YEAR-END REPORT CONFERENCE CALL


Black Earth Farming issued its Year-end Report for the year ending 31 December
2007 on Thursday 28 February, 2008. The company will hold a telephone
conference with an interactive presentation at 15.00 pm (CET) on Tuesday 4
March 2008, hosted by the company's president Michel Orloff. The company's
Chief Agronomist, Sture Gustavsson, and Black Earth Farming's Director of
Investor Relations, Gustav Wetterling, will also attend the conference. 

If you wish to participate, please dial in to the number below.


Date: Tuesday 4 March 2008 

Time: 15.00 CET

Dial-in details: London: +44 (0)20 7806 1957
New York: +1 718 354 1389
Stockholm: +46 (0)8 5352 6407

Participant passcode: 9047978


Please call in 5 minutes before the conference starts and stay on the line (an
operator will be available to assist you) 

To take part of the interactive presentation and the Q&A session, please log on
to: 
http://www.livemeeting.com/cc/premconfeurope/join?id=9047978&role=attend&pw=pw29
84 

Or visit the website http://www.euvisioncast.com and login using the following
information: 
Meeting ID: 9047978
Meeting Password: pw2984


For additional information, please contact:

Gustav Wetterling, IR Director, Black Earth Farming Ltd., tel: +44 207 117 81 00


Notes to the Editor:

Black Earth Farming Ltd. is a leading farming and land owning company operating
in Russia. It acquires, owns and cultivates agricultural land assets primarily
in the fertile Black Earth region in southwest Russia. Black Earth Farming was
among the first foreign financed companies to make substantial investments in
Russian agricultural land assets, and because of its early establishment, Black
Earth Farming has now gained a strong market position in the Kursk, Tambov,
Lipetsk, Samara, Voronezh and Ryazan areas, controlling 280,000 hectares of
what perhaps is the world's most fertile soil. Black Earth Farming will
continue to acquire farmland in order to draw full benefits of economies of
scale in its operations. 

In 2007, Black Earth Farming harvested approximately 52,000 hectares of crops,
of which the greater part was wheat. 

Founded in 2005 by Michel Orlov, the company has been developed by the listed
investment companies Vostok Nafta Investment Ltd. and Investment AB Kinnevik
(publ). 

Attachments

file24.pdf