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Agria Corporation subsidiary PGG Wrightson announces trading update


Beijing, China
June 19, 2014

Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a global agricultural company, today announced interim trading results and updated guidance at its majority-owned subsidiary PGG Wrightson Ltd. ("PGW"). The Company noted that despite localized challenges, sales performance over the past six months met expectations. PGW now expects full fiscal year operating EBITDA (earnings before interest, tax, depreciation and amortisation) in the range of NZ$56 to NZ$58 million (US$48 to US$50 million), up from the previously guidance range of NZ$52 to NZ$56 million (US$45 to US$48 million) indicated in February this year.

Agria (NYSE: GRO) is a global agricultural company with three principal business segments: Seed & Grain; Crop Protection, Nutrients & Merchandise; and Rural Services. The Seed and Grain segment is engaged in research and development, production and sale of a broad range of seed products and trading of seed and grain products globally. The Crop Protection, Nutrients and Merchandise segment operates an extensive chain of retail stores that supply farm input materials. The Rural Services segment provides livestock trading, wool trading, irrigation and pumping, real estate agency and other agriservices.



More news from:
    . Agria Corporation
    . PGG Wrightson Ltd.


Website: http://www.agriacorp.com

Published: June 19, 2014

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