Viterra Inc.
TSX : VT

Viterra Inc.

April 27, 2009 21:58 ET

Talks Confirmed Between Viterra and ABB Grain

CALGARY, ALBERTA--(Marketwire - April 27, 2009) - Viterra Inc. (Viterra) (TSX:VT) today confirmed a report that they are in discussions regarding a possible strategic transaction with ABB Grain Ltd. (ASX:ABB). These discussions are ongoing and the parties are engaged in continuing negotiations and due diligence activities. No transaction has been agreed to at this time, the current discussions are non-binding and no assurance can be given that any agreement on a transaction will be reached.

Viterra Inc. is Canada's leading agribusiness, with extensive operations and distribution capabilities across Western Canada, and with operations in the United States, Japan, Singapore and Geneva. The Company is diversified into sales and services of crop inputs and equipment, grain handling and marketing, livestock feed, agri-food processing and financial products. These operations are complemented by value-added businesses and strategic alliances, which allow Viterra to leverage its pivotal position between Prairie farmers and destination customers. The Company's common shares are listed on the Toronto Stock Exchange under the symbol VT.

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