Update on Agria Partial Takeover Offer for PGG Wrightson Limited

BEIJING--(Marketwire - Apr 14, 2011) - On December 23, 2010, Agria Corporation (Agria) together with China-based New Hope Group (New Hope) announced a partial takeover offer for PGG Wrightson Limited (PGW). A formal takeover offer was made on January 24, 2011 by Agria (Singapore) Pte Ltd (Agria Singapore), to be jointly owned, directly or indirectly, by Agria and New Hope.

Agria Singapore's shareholding in PGW prior to the partial takeover offer was 19.01%. As of 14 April 2011 Agria Singapore received conditional acceptances under the partial takeover offer amounting to 31.51% of the total shares in PGW. Taken together, the total percentage held by Agria Singapore in this class is 50.52%. Agria Singapore's partial takeover offer is for 50.01%.

Separately, on 14 April 2011 Agria Singapore, Agria Group Limited, Agria Asia and New Hope International (Hong Kong) Limited (New Hope International) entered into a new subscription agreement (New Hope Subscription Agreement) related to the partial takeover offer.

New Hope International is a subsidiary indirectly wholly owned by New Hope.

About Agria Corporation

Agria Corporation (NYSE: GRO) is a China-based company with investments in the agricultural sector. For more information about Agria Corporation, please visit www.agriacorp.com.

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