Agria Makes Strategic Investment in Proprietary Corn Seed Company and Enters Exclusive Sales Agency Agreement


BEIJING--(Marketwire - September 13, 2010) -  Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a China-based holding company for investments in the agriculture sector, today announced that it has made a RMB40 million investment in Wuwei Ganxin Seeds Company Limited ("Ganxin"). Under the investment agreement, Agria will receive a 49% equity stake in Ganxin, a corn seed research, development, production and sales company based in the Gansu province, China. Agria and Ganxin have also entered into an exclusive sales agency agreement, whereby the entire production volume of all current and future varieties of seeds owned or developed by Ganxin will be sold by Agria, acting as Ganxin's exclusive agent.

The investment and sales agreement are part of Agria's ongoing strategy to build a seed division through both organic growth and a series of acquisitions.

Ganxin was formed in 2005 and produces corn seeds through arrangements with farmers in Gansu province, which is regarded as the leading area for corn seed production in China. Ganxin's rights to produce and sell three varieties of corn seeds have been approved by relevant government authorities. This includes the variety Jixiang No. 1, which has features of high productivity and strong resistance to disease and is well regarded with a significant market share in China. Under the terms of the investment agreement, Agria will have board representation sufficient to enforce veto rights on all decisions.

The sales agency agreement will remain effective for so long as Agria holds an equity stake in Ganxin.

About Agria Corporation
Agria Corporation (NYSE: GRO) is a China-based holding company for investments in the agricultural sector. 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.

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