The Board of Agrokultura receives request by Steenord Corp. to convene an EGM to inter alia elect new directors of the board

The Board of Agrokultura has received a request from the company’s largest
shareholder Steenord Corp. to convene an EGM where resolution on remuneration
for the Board will be adopted and new directors of the Board will be elected.
Steenord Corp. has in its request proposed that Achim Lukas is elected as new
director and chairman of the Board and Werner Kuester is elected as new
director. Additional information about the proposed directors will be set out in
the addendum to the offer document which Steenord Corp. intends to publish on 17
October 2014 as well as in the notice to the EGM.

The Board will issue a formal notice to the EGM in the beginning of next week.

Stockholm on 16 October 2014

The Board of Directors
For additional information, please contact:
Investor Relations, tel. +44 203 427 3983
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.