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2013

UKRAINE Investment Review May 2013

GG Agriculture www.ggagriculture.com 5/28/2013 1|Page

Growth Green Agriculture PLC is an agricultural investment company solely investing in agriculture and farmland in emerging markets such as the Ukraine and Ghana. By producing wheat, chia and other crops in a low cost environment and selling them on the world-wide market, we aim to provide our investors sustainable returns for distribution as annual dividends.

Ukraines Wheat Harvest Set to Surge


Ukraines wheat harvest may jump by 43 percent from a year earlier as crops escaped damage from cold weather this winter, a unit of the U.S. Department of Agriculture said. Corn output also will increase. Wheat production may be 22.6 million metric tons in the 2013-14 season that begins July 1, up from 15.76 million tons a year earlier, the USDAs Foreign Agricultural Service said in a report posted on its website yesterday. Exports may jump almost 70 percent from a year earlier to 11 million tons. Ukraine was the worlds fourth-biggest corn exporter in the 2012-13 season, after the U.S., Brazil and Argentina, according to the USDA. It ranked sixth for wheat shipments. SOURCE: www.blackseagrain.net

Ukrainian agricultural production set to reach almost USD 29bn


National agricultural producers continue boosting the volumes of agricultural products. In total, by results of 2013, agricultural production is expected in Ukraine at the level of almost USD 29 billion.

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Director of the department for economic development of the agrarian market Vitaliy Sabluk said Since January and until April, at all categories of economies, gross agricultural production grew by 5.1%. Growth was demonstrated by 20 regions. And if we preserve such a positive trend, we could expect that over the current year Ukraine will reach agricultural production at UAH 236 billion, which is 6% up against 2012. Read more: www.blackseagrain.net

Ukraine may become world's sixth largest wheat exporter by 2021


Ukraine may become sixth largest of the world's wheat exporters by 2021, provided annual wheat supplies to foreign markets total 14 million tonnes, according to the Food and Agriculture Organization (FAO) of the United Nations. SOURCE: www.kyivpost.com

Ukraine President notes importance of promoting agricultural cooperation


Ukraine needs new approaches to public policy in the development of agriculture and rural areas, Ukrainian President Viktor Yanukovych has said. "Agricultural production should be the basis of social growth in the villages and the basis of welfare in villages," he said in Kyiv on Wednesday while opening the XXV Agro-2013 International AgroIndustrial Fair. Yanukovych said that currently agricultural production is rising in Ukraine. "Gross agricultural output grew by more than 5% in four months, including [rises] at agricultural enterprises of almost 10%," he said, adding that the main task for the authorities is currently to preserve these trends and give the industry a systematic basis and impetus for constant growth. SOURC E: http://en.interfax.com.ua

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Ukrainian signs free trade agreement with EU, saving 487m per year
Ukrainian producers will be able to save about EUR 487 million every year after the cancelation (reduction) of export duties if Ukraine and the European Union create a deep and comprehensive free trade area (DCFTA), according to Nicholas Burge, Head of the Trade and Economic Section at the EU Delegation to Ukraine. "I think that Ukrainian exporters will save about 487 million euros per year without paying export duties," Burge said. According to Burge, there will be "not only an economic and trade, but also an investment" revolution in relations between the EU and Ukraine after the signing and implementation of the DCFTA. "When the DCFTA is fully implemented, then 95% of import tariffs will be at zero. The tariffs will be reduced for the remaining 5% (of goods). It's a very important thing for Ukraine, especially in metallurgy and agriculture. This is the power of Ukraine. Export tariffs will also be completely forbidden, when the agreement comes into force. All of these reduced tariffs will have an important effect, because business costs on exports in Ukraine will fall," he said. READ MORE: www.blackseagrain.net

Foreign investment in Ukraine's agriculture could double this year


Such a prediction was expressed by Ukraine's Agrarian Policy and Food Minister Mykola Prysiazhniuk during his visit to the United States. He said that the size of foreign investment in the agricultural sector of Ukraine will grow and already this year could double, reaching about USD 6 billion. "It is just the amount that meets to the needs of the pace of the agricultural sector and, by the way, meets the external markets," the minister noted. He specified that this estimate includes both direct investment and extension of loans and investment through the arrival of new companies to the Ukrainian market. SOURCE: www.nrcu.gov.ua

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Invest in Ukraine | GG Agriculture


Growth Green Agriculture PLC strives to be socially responsible to all the environments in which it operates, to build strong, reliable relationships and to generate solid profit for shareholders through sustainable projects in agricultural investments. Stov Olstas-Lyon has been retained as farming operator in Ukraine ("Ukraine Farming Operator") under a long term Management Contract to cultivate, maintain, harvest, dry, transport and sell the crop. The Ukraine Farming Operator utilises the synergy between the attractive and reasonably priced farmland in Ukraine combined with modern farming techniques and the newest farming know-how. To learn more about opportunities to invest in Ukraine, contact GG Agriculture:

GROWTH GREEN AGRICULTURE PLC


4th Floor 36 Spital Square London, E16DY United Kingdom London Telephone: 020 7247 8186 London Fax: 020 7377 9454 International Telephone: +44 20 7247 8186 International Fax: +44 20 7377 9454 Email: info@ggagriculture.com

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GrowthGreenAgriculture PLC is registered in England and Wales, reg. no 7145886. Registered office: 4th Floor, 36 Spital Square, London, E1 6DY GrowthGreenAgriculture PLC is not regulated by the UK Financial Services Authority and is not authorised to give investment or tax advice to the public.

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