Contact Information: Contacts: In China: John Layburn Chief Strategy and Compliance Officer China Tel: 86-10-8438 1031 john.layburn@agriacorp.com In the U.S.: David Pasquale Senior Vice President U.S. Tel: +914-337-1117 david.pasquale@agriacorp.com
Agria Appoints John Layburn as Chief Strategy and Compliance Officer
| Source: Agria Corporation
BEIJING--(Marketwire - October 26, 2009) - Agria Corporation (NYSE : GRO ) (the "Company" or
"Agria") today announced the appointment of John Layburn as Chief Strategy
and Compliance Officer, effective October 23. John will be responsible for
leading Agria's teams in the areas of establishing and implementing
corporate strategy and compliance policies and processes. He will report
to Mr. Xie Tao, the Company's Chief Executive Officer.
Xie Tao, Agria's Chief Executive Officer, commented, "While at
PricewaterhouseCoopers, John was a key member of its China Advisory
practice, which I led before joining Agria. I can personally attest to his
depth of experience, professional skills and knowledge base. I am very
pleased that he has agreed to join Agria at this important juncture of
Agria's development."
Prior to joining Agria, John Layburn worked for PricewaterhouseCoopers
("PwC"), the international accounting and consulting firm, for eleven
years. He was initially based out of PwC's London office, followed by four
years in the company's Beijing office. John has served a wide range of
clients ranging from large multi-national companies to entrepreneurial
investors advising on strategic reviews, turnaround situations, and
investment and divestment processes. While in China, he has specialised in
advising both multinational companies on their business activities in China
and Chinese companies on their overseas operations. John holds a masters
degree in mathematics from Oxford University.
About Agria Corporation
Agria Corporation (NYSE : GRO ) is an innovative China-based agri-solutions
provider focusing on research and development, production and distribution
of three different types of upstream agricultural products. Its diversified
portfolio of products comprises corn seeds, sheep breeding and seedlings,
including proprietary products. For more information about Agria
Corporation, please visit www.agriacorp.com.
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made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," "confident" and
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Commission on Forms 20-F and 6-K, etc., in its annual report to
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Statements that are not historical facts, including statements about
Agria's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties. A
number of important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Potential risks and
uncertainties include, but are not limited to, those risks outlined in
Agria's filings with the U.S. Securities and Exchange Commission. All
information provided in this press release is as of the date of this
announcement unless otherwise stated, and Agria does not undertake any
obligation to update any forward-looking statement, except as required
under applicable law.