Seminis, Inc. today announced the filing of a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. All of the shares to be registered will be offered by Seminis, Inc. J.P. Morgan & Co. is acting as the lead manager of the offering.

Seminis is the largest developer, producer and marketer of fruit and vegetable seeds in the world. Seminis uses seeds as the delivery vehicle for innovative agricultural technology designed to do one or more of the following: reduce the need for chemicals, increase crop yield, reduce spoilage, offer longer shelf-life and create tastier foods. Seminis produces seeds for more than 60 species and 8,000 distinct varieties of fruits and vegetables. It markets seeds through three full line brands: Asgrow, Petoseed and Royal Sluis, and nine specialty brands.

Seminis is a majority-owned subsidiary of Empresas La Moderna.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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