Viterra Inc.: Deferral of Conversions Between Australian and Canadian Registers

Mon Jun 25, 2012 5:30pm EDT

* Reuters is not responsible for the content in this press release.

Viterra Inc. (Viterra) (TSX:VT) (ASX:VTA) previously announced a C$0.075
per share dividend, to be paid on July 26, 2012, to holders of both the
Company's common shares listed on the Toronto Stock Exchange (TSX) and
CHESS Depositary Interests (CDIs), which trade on the Australian
Securities Exchange (ASX), as at the record date of July 6, 2012.

    Following the dividend announcement, Viterra sought and has been granted
a temporary waiver of certain of the ASX Settlement Operating Rules.
Under the authority of this waiver, the processing of conversions of
common shares to CDIs, or CDIs to common shares, lodged on or after July
2, 2012, will be deferred until after the record date of July 6, 2012.

    Due to the different settlement and conversion procedures applicable to
each of the two exchanges, the timing and application of the cum-dividend
/ ex-dividend periods prior to the above mentioned record date will be
different for common shares and for CDIs. The deferral of conversions
between the two registers is a precautionary measure to ensure accurate
determination of security holders on each register on the record date,
and to ensure a consistent approach is applied to all security holders
and their dividend entitlement.

    About Viterra

    Viterra provides premium quality ingredients to leading global food
manufacturers. Headquartered in Canada, the global agri-business has
operations across Canada, the United States, Australia, New Zealand and
China, as well as a growing international presence that extends to
offices in Japan, Singapore, Vietnam, Switzerland, Italy, Ukraine,
Germany, Spain and India. Driven by an entrepreneurial spirit, Viterra
operates three distinct business segments: Grain Handling and Marketing,
Agri-products and Processing. Viterra's expertise, close relationships
with producers and superior logistical assets allows Viterra to
consistently meet the needs of the most discerning end-use customers,
helping to fulfill nutritional needs of people around the world.

Viterra Inc.
Holly Gibney
Manager, Media Relations
+1 403 817-1088

Viterra Inc.
Lavonne Zdunich, CA
Director, Investor Relations
+1 403 718-6254

Copyright 2012, Market Wire, All rights reserved.


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