Issue Date: 16/09/2011

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We want to encourage you to take an active role in theprice assessment process and help us to ensure thatthe price assessments become increasingly accurateand robust. Have your say. Don’t be let out. You cancall us or email us with the inormation that you wouldlike us to take into account.We will continue to develop our list o priceassessments and our methodology, listening careullyto the participants in the rice industry in order to keepthem relevant to the international rice market. Updateswill be published in our report and on our website.We hope that this will become a useul and reliableresource or the industry.

Introduction

Welcome to the new “Live Rice Index” Reportproduced by Jackson Son & Co (London) Ltd. Thisreport will be published weekly and will include marketcommentary and our weekly price assessments.We are also developing a new website that will beavailable soon. We expect it to become a valuableresource or up to date inormation and historical data,catering to all sectors o the industry rom armers tothe point o sale.All our price assessments will be determined in linewith the “LRI Methodology” with particular attentionto those that we have chosen to be benchmarks,marked with this symbol: For more inormation onour benchmarks and assessment principles pleasereer to our methodology statement available on ournew web site:www.livericeindex.com

Report Date: //

THAILAND - LONG GRAIN WHITE RICE

CHANGEPRICE100% Grade B-35$5855% Broken-35$56510% Broken-35$56015% Broken-35$55525% Broken-30$535 A1 Super Broken0$495

THAILAND - LONG GRAIN FRAGRANT RICE

CHANGEPRICEHom Mali White Rice 100% Grade B New10$1,080Hom Mali White Rice 100% Grade B Old-n/aHom Mali White Rice A1 Super0$540Pathumthani Fragrant 100% Grade B-25$915

THAILAND - LONG GRAIN PARBOILED RICE

CHANGEPRICEParboiled Milled Rice 100% STX-45$600Parboiled Milled Rice 100%-45$590Parboiled Milled Rice 5% STX-45$595Parboiled Milled Rice 5%-45$585

PAKISTAN - LONG GRAIN WHITE RICE

CHANGEPRICEIRRI-6 5% Broken-20$490IRRI-6 10% Broken-20$485IRRI-6 15% Broken-20$475IRRI-6 25% Broken-10$440386 2% Broken-n/aBroken Rice-10$425

VIETNAM - LONG GRAIN FRAGRANT RICE

CHANGEPRICEFragrant Rice 5% Broken New0 $690Fragrant Rice 5% Broken Old-n/a

PAKISTAN - LONG GRAIN PARBOILED RICE

CHANGEPRICEIRRI-6 Parboiled Milled Rice 5% Broken STX-31$510IRRI-6 Parboiled Milled Rice 15% Broken STX-43$490IRRI-9 Parboiled Milled Rice 5% Broken-n/a

PAKISTAN - BASMATI RICE

CHANGEPRICE385 Long Grain White Basmati Rice 2%-n/aD-98 Long Grain White Basmati Rice 2%- n/aSuper Kernel White Basmati Rice 2%0 $1,030Super Kernel Parboiled Milled Basmati Rice 2%0 $1,045

INDIA - LONG GRAIN WHITE RICE

CHANGEPRICEIR 64 5% Broken- $485IR 64 25% Broken- $435PR 106 5% Broken-n/aPR 106 25% Broken-n/a1001 / PANT 4 25% Broken-n/a

INDIA - BASMATI RICE

CHANGEPRICETraditional White Basmati Rice 2%0 $1,145Traditional Brown Basmati Rice 2%0 $1,015Traditional Parboiled Milled Basmati Rice 2%0 $1,015Pusa White Basmati Rice 2%0 $1,015Pusa Brown Basmati Rice 2%0 $965Pusa Parboiled Milled Basmati Rice 2%0 $9751121 White Basmati Rice 2%0 $1,2101121 Parboiled Milled Basmati Rice 2%0 $1,035

INDIA - LONG GRAIN PARBOILED RICE

CHANGEPRICEIR 64 Parboiled Milled Rice 5% STX-$495PR 106 Parboiled Milled Rice 5% STX-n/a

U.S.A. - GULF LONG GRAIN RICE

CHANGEPRICEU.S. #2, 4% Broken, Hard Milled11$660U.S. #3, 15% Broken, Hard Milled11$633U.S. #5, 20% Broken, Hard Milled11$600U.S. #1, Parboiled Milled 4% Broken0 $710U.S. #2, Paddy, 55/70 Yield (ex-spout)10$375Southern Flour Quality Broken Rice0 $375Southern Pet Food Quality Broken Rice10$340

U.S.A - CALIFORNIAN MEDIUM GRAIN RICE

CHANGEPRICEU.S. #1, 4% Broken0 $790U.S. #1 Paddy, 58/69 Yield0 $500

S. AMERICA - LONG GRAIN WHITE RICE(FOB FCL)

CHANGEPRICEUruguayan 5% Broken-15$570 Argentine 5% Broken-15$570Brazilian 5% Broken0$600Brazilian Broken Rice (1/2 Grain Brokens)0 $460

EGYPT - WHITE RICE

CHANGEPRICEMedium Grain #2 6% Broken-n/aMedium Grain #3 12% Broken-n/aRound Grain #2 6% Broken-n/aRound Grain #3 12% Broken-n/aBroken Rice Grade 0-10$440

S. AMERICA - LONG GRAIN PARBOILED RICE(FOB FCL)