Enkhuizen, The Netherlands, and Stockholm, Sweden
April 23, 2008

INCOTEC and Lantmännen have agreed on the sale of SeedGard in Uppsala (Sweden) to INCOTEC. The companies have agreed that INCOTEC will take a 49% stake of the Company with an option to buy the remaining 51% within 2 years.

SeedGard has developed a very sophisticated patented seed disinfection method using hot air that is successfully being used by Lantmännen on a large scale on cereal seeds in Sweden.

INCOTEC has received the exclusive worldwide rights to further develop and market the technology for vegetable and flower seeds. In the mean time INCOTEC will start promoting the technology to the agronomic market worldwide except the Scandinavian and Baltic countries, which will be handled by Lantmännen.

Peter Annas, manager Seed Treatment, Lantmännen Lantbruk, “We are very pleased with this partnership with INCOTEC and we believe that this will give an enormous boost to the global use of this very successful method to remove seed borne pathogens from all kinds of seed. We are happy that INCOTEC is our partner to further improve and add value to this technology and we believe our growers will see the benefits from this cooperation very soon ”.

JanWillem Breukink, CEO and President of INCOTEC Group BV, “We are impressed with the technology developed by SeedGard. It is a technology that is 100% environmentally friendly and very suitable for sustainable agriculture. Seed disinfection is one of our main targets in research and this technology fits in with our existing product portfolio very well”.

Kenneth Alness, Chairman of the board of SeedGard “We are excited to start working with INCOTEC. We have many years of experience with this technology and with the know how and support of INCOTEC we believe that we can expand our business rapidly”.

INCOTEC is the leading seed technologies service provider in vegetable, agronomic, tobacco and flower seeds, with facilities in Australia, Japan, China, India, Europe, Brazil and the USA. The company has 285 employees working at the different INCOTEC locations, 35 of whom are within Research & Development. Innovation, sustainability, consistent quality and service are the key elements of success. For more information see www.incotec.com.

Lantmännen is one of the largest groups in the food, energy and agricultural industries in the Nordic region. Lantmännen is owned by 42,000 Swedish farmers, has around 13,000 employees, operates in 19 countries and has a turnover of SEK 36 billion. The business area Lantmännen Lantbruk develops and offers products and services, for crop, grain and livestock production, that contribute to creating an agriculture that is strong and competitive. Please read more at www.lantmannen.com.

Website: http://www.lantmannenlantbruk.se/

Published: April 23, 2009