SOURCE: Agria Corporation

Agria Corporation

August 29, 2011 06:15 ET

Agria Dominates China's 7th National Edible Corn Conference

BEIJING--(Marketwire - Aug 29, 2011) - Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a China-based company with investments in the agriculture sector, today announced the Company took top honors at China's 7th National Edible Corn Conference held in Beijing. Three of Agria's proprietary seed varieties were awarded the title of "Recommended Edible Corn Seeds". Out of a total of 160 edible corn seed varieties entered in the competition, only four varieties received this award.

China's 7th National Edible Corn Conference was jointly hosted by the National Edible Corn Association, National Research Center of Corn Processing, and the National Research Center of Corn Technology. 360 domestic and international corn seed manufacturers, processors and research institutions participated in this year's conference. A group of leading corn seed experts from China's research institutes and international companies evaluated edible corn seed varieties based on field performance and taste and awarded recommendations to the top four performing varieties entered. Agria's three seed varieties winning the award were: Jin Tian Nuo2000B, Jin Ke Tian183 and Jin Ke Tian158.

Xie Tao, Agria's Chief Executive Officer, said, "Participation at this year's national conference was very high, with 160 edible corn seed varieties entered by Chinese and international companies. This level of attention underscores how big the potential edible corn seed opportunity is. We are proud to have taken 3 out of the top 4 spots. We view these wins as further validation of the strength of the broader agricultural business we have been developing. Importantly, we have the sales and distribution channels, and customer relationships already in place needed to build on the higher visibility that comes with such national honors both in China and abroad."

About Agria Corporation

Agria Corporation (NYSE: GRO) is a China-based agriculture company with operations in China and internationally. In China, we engage in research and development, production and sale of seed products, including field corn seeds, edible corn seeds and vegetable seeds. We own through Agria Asia a 50.01% equity interest in PGW, New Zealand's largest agricultural services company. PGG Wrightson reported turnover of NZ$1.2 billion (US$1.0 billion) for the twelve months ended June 30, 2011. For more information about PGW, please visit www.pggwrightson.co.nz. For more information about Agria Corporation, please visit www.agriacorp.com.

Safe Harbor Statement:
This announcement contains forward-looking statements. These statements are 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 similar statements. Agria may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. 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.

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