Outcome of directed share issue in Agrokultura AB (publ) against payment through set-off of claims

As earlier communicated in a press release, the board of directors of
Agrokultura AB (publ) has on 31 October 2014, pursuant to an authorization
granted by the annual general meeting 2014, resolved on a directed share issue
against payment through set-off of claims whereby the company’s share capital
may be increased with not more than SEK 36,272,355 through the issuance of not
more than 7,254,471 new shares. The set-off issue was directed to holders of
freely transferable promissory notes issued by the company in accordance with an
agreement with Alpcot Capital Management Ltd. 7,254,470 new shares,
corresponding to a share capital increase amounting to SEK 36,272,350, was
subscribed for and has been allotted three different parties in accordance with
the terms of the issue. Steenord Corp subscribed for and has been allotted a
majority of the new shares as a result of acquisitions of promissory notes prior
to the maturity date. The subscription price was SEK 5 per share.

At the time of issuance of this press release, the share capital of the company
amounts to SEK 695,043,290 divided between 139,008,658 shares, each with a
quotient value amounting to SEK 5. Following registration of the new share issue
with the Swedish Companies Registration Office, the share capital will amount to
SEK 731,315,640 divided between 146,263,128 shares.

Other
This press release contains information which the company is to disclose
pursuant to the Financial Instruments Trading Act (1991:980) and/or the
Securities Market Act (2007:528). This information was sent for publishing at
08.00 (CET) on Monday 3 November 2014.

For additional information, please contact:
Stephen Pickup, Group Managing Director, tel: +44 782 529 4352
Kristian Shaw, Group CFO, tel: +44 782 529 4356
IMPORTANT MESSAGE
This press release is not an offer to subscribe for securities in Agrokultura AB
(publ). The information set forth herein is for informational purposes only and
does not constitute an offer of securities for sale in the United States or any
other jurisdiction in which such an offer or solicitation would be unlawful. The
securities referred to herein have not and will not be registered under the
United States Securities Act of 1933, as amended, (the “Securities Act”), or the
laws of any state, and may not be offered or sold within the United States
except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state laws.
Copies of this press release are not produced and may not be distributed or
sent, in whole or in part, directly or indirectly, in, or into, the United
States, Canada, Australia, Hong Kong, Japan, New Zeeland, Switzerland, Singapore
or South Africa or in, or into, any other jurisdiction where such measure may be
unlawful.
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.