Agria Issues Statement
* Reuters is not responsible for the content in this press release.
BEIJING, May 18 (MARKET WIRE) --
Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative
China-based agri-solutions provider, today announced issued the following
statement.
In view of the unusual market activity in the Company's stock, the New
York Stock Exchange has contacted the Company and requested that the
Company issue a public statement indicating whether there are any
corporate developments which may explain the unusual activity. The
Company stated that it knows of no material events that would cause
unusual market activity.
About Agria Corporation
Agria Corporation (NYSE: GRO) is an innovative China-based agri-solutions
provider focusing on research and development, production and distribution
of three different types of upstream agricultural products. Its
diversified portfolio of products comprises corn seeds, sheep breeding
and seedlings, including proprietary products. The Company has access to
approximately 27,000 acres of farmland in seven provinces and its
extensive distribution network provides direct or third party
distribution in 14 provinces. 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.
Contacts:
In China:
Matt Feng
Investor Relations
China Tel: 133-1130-0320
matt.feng@agriacorp.com
In the U.S.:
David Pasquale
Senior Vice President
U.S. Tel: +914-337-1117
david.pasquale@agriacorp.com
Copyright 2009, Market Wire, All rights reserved.
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