AgriBioTech Inc. and Helena Chemical Co. today announced that the lawsuit previously brought by Helena against ABT has been voluntarily dismissed without prejudice.

The lawsuit, filed in Federal District Court in Memphis, Tennessee on Jan. 7, 1999, arose out of the failure to close the planned purchase by ABT of that portion of Helena's AgriPro agricultural
seed operations that included alfalfa, clover and sorghum.

AgriBioTech is a vertically integrated, full-service seed company specializing in the forage and
turfgrass seed sector, complete with research and development of proprietary seed varieties,
seed processing plants, and a national and international distribution and sales network. ABT's
vision is to lead the turf and forage seed industry in discovering its value potential.

Helena Chemical Co. is a nationwide formulator/distributor of agricultural inputs. Founded in 1957, Helena provides customers with crop protection products, seed, fertilizer and related
services.

Company news release
N1850