Beijing, China
September 23, 2013
Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an international agricultural company with operations in China, South America, New Zealand and Australia, today announced that Sir John Anderson, Chairman of its majority-owned subsidiary PGG Wrightson Limited ("PGW"), will retire from PGW's board of directors, effective following PGW's Annual Shareholders' Meeting ("AGM") on October 22, 2013. Sir John was appointed Chairman of PGW in February 2010. Sir John is not standing for reelection, in accordance with PGW's constitution, which requires a regular rotation of board members. PGW's board of directors intends to appoint a new Chairperson following the AGM.
Agria Executive Chairman Mr. Alan Lai commented, "On behalf of all the shareholders of PGW, we would like to thank Sir John for his contributions. Under his leadership, PGW accomplished a refocus on its core operating businesses, repayment of debt and the resumption of dividends. Agria congratulates Sir John on these accomplishments, and wishes him a fine retirement and continued success in all his future pursuits."
About Agria Corporation
Agria Corporation (NYSE: GRO) is an international agricultural company with operations in China, South America, New Zealand and Australia. Agria operates three principal business lines: China seeds, international seeds and agriservices. In China, Agria engages in research and development, production and sale of seed products, including proprietary field corn seeds, edible corn seeds, vegetable seeds, grass seeds and forage. Agria owns through Agria Asia a 50.22% equity interest in PGG Wrightson Limited, New Zealand's largest forage and agricultural services company.
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