Agria Singapore's Partial Takeover Offer of PGG Wrightson Limited Has Become Unconditional

Agria Pte Ltd advises that all of the conditions to its takeover offer dated 24 January 2011 for 38.3% of the issued ordinary shares in PGG Wrightson Limited not already held by it have been satisfied. Accordingly, the Offer is now unconditional. Agria Singapore will be jointly owned, directly or indirectly, by Agria Corporation GRO and New Hope, along with an investment by Ngai Tahu Holdings, and certain financing provided by Livestock Improvement Corporation Limited. The offer period has closed and final determination of the number of shares to be acquired from each acceptor of the Offer will be made in accordance with the New Zealand Takeovers Code and the Offer.