Extraordinary general meeting of Agrokultura AB (publ)

| Source: Alpcot Agro AB
The board of directors of Agrokultura AB (publ) has resolved to convene an
extraordinary general meeting at which the board of directors intends to seek
authorization to issue a maximum of 20 991 342 shares with deviation from the
shareholders’ preferential rights.

The board of directors intends to announce the date for the notice and the exact
time of the extraordinary general meeting shortly.
Background and motivation
The board of directors has, in order to deliver the company’s shareholders’
expectations, committed to a strategy to proactively compare the value of the
company as a going concern towards the value that an outside buyer is ready to
pay for the shares, the assets or a combination of the two.

More concretely, this entails realizing the previously announced cost reduction
program, exploring strategic alternatives for the Ukrainian as well as the
Russian business, sale of non-core assets, focusing on increasing crop yield and
reinforcing the internal processes.

In conjunction with the half-year report which will be published on 28 August
2014, a full statement will be made on the business, which will include an
update on the cost reduction program and a progress report for the year’s
harvest. Additionally, the company will report on the buyer interest relating to
the Ukrainian operations in the light of recent political developments.

As previously announced, Agrokultura AB (publ) has received information that the
company’s largest shareholder has entered into an agreement regarding the off
market sale of its entire holding to an undisclosed buyer at the price of SEK
3.75 per share. Although a significant premium to the current market price, it
is significantly lower than the last reported book value of SEK 6.80 per share.
The company has also received unconfirmed reports that the same buyer is
currently looking to build up a significant ownership position through other off
market transactions.

Repeated attempts have made been during the past week to get in touch with the
new owner in order to understand the new buyer’s potential intentions. These
attempts, to date, have been inconclusive.

In the light of the above, the board of directors of Agrokultura AB (publ)
wishes to take measures to ensure equal treatment of all shareholders with the
aim to give them the benefit of the company’s true value.
Stockholm on 21 July 2014

For additional information, please contact:
Investor Relations + 44 203 427 3983 or + 46 730 43 08 84
About Agrokultura AB (publ)
Agrokultura invests in farmland and produces agricultural commodities in Russia
and Ukraine. The Group aims to generate an attractive return on invested capital
by optimally utilizing its agricultural land bank through crop production,
livestock and related operations. Shares in Agrokultura are listed in Sweden on
the Nasdaq OMX First North exchange under the ticker AGRA and the Group’s
Certified Adviser is Remium Nordic AB.