DGAP-News

Ekosem-Agrar substantially expands milk production in 2012

DGAP-News: Ekosem-Agrar GmbH / Key word(s): Miscellaneous
Ekosem-Agrar substantially expands milk production in 2012

17.01.2013 / 12:23

---

Ekosem-Agrar substantially expands milk production in 2012

Walldorf, 17 January 2013 - Ekosem-Agrar GmbH, the German holding company
of Russian milk producer Ekoniva Group, produced a total of around 84.1
million litres of milk last financial year, corresponding to an increase of
61% compared with the previous year (2011: 52.3 million litres). This means
the company is now Russia´s second-largest milk producer.

Daily milk production last year averaged 230 tonnes, while in the financial
year 2010/2011 it was only 137 tonnes per day. The reasons for this
significant increase in production are greater efficiency in operations and
the expansion of the dairy cow herd. By the end of 2012, daily milk
production had already reached 265 tonnes. Daily production per cow milked
increased throughout the year from 18.29 litres to 20.55 litres.

´The improvements we have made in milk production efficiency and the
on-target expansion of our dairy cow herd mean that 2012 was again a record
year for us. We have increased the number of dairy cows by 42% in
comparison to the previous year, to 14,808. At the end of the year we had
37,235 head of cattle (2011: 27,500), ´ says Stefan Dürr, Managing Partner
and majority shareholder in the Group.

The outlook for the current year is also positive. The Russian milk market
remains highly dependent on imports. Based on contracts already closed for
2013, the company anticipates an average milk price of approximately 44
euro cents per litre. This is 10% higher than the average price for 2012
and significantly higher than the price forecast for Germany. The market
will therefore provide excellent conditions for further growth.

About Ekosem-Agrar
Ekosem-Agrar GmbH Walldorf, Germany is the German holding company in the
Ekoniva Group, one of the largest Russian agricultural companies. With over
36,000 head of cattle and an average milk production of more than 225 tons
per day, the company is the third largest milk producer in the country. The
group has more than 173,000 hectares of land and is also one of the leading
producers of seed in Russia. A third area of business is currently being
established with premium beef. The founder and managing director of the
company is Stefan Duerr. He has been active in Russian agriculture since
the 1980s and has played a decisive role in its modernization over the past
two decades. In 2009, he was awarded the German Federal Cross of Merit for
his contributions to the agricultural policy dialog between Germany and
Russia. The corporate group has about 2,900 employees at six locations in
Russia and achieved revenues from operations of EUR 81 million in fiscal
year 2010/2011. For further information visit: www.ekosem-agrar.de

Contact

Irina Schwachhofer
Ekosem-Agrar GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf
T: [phone]
E:[e-mail]

Media / Investor Relations

Fabian Lorenz
IR.on AG
T: [phone]
E: [e-mail]

End of Corporate News

---

17.01.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP´s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language:    English                     
Company:     Ekosem-Agrar GmbH           
             Johann-Jakob-Astor-Str. 49  
             69190 Walldorf              
             Germany                     
Phone:       [phone]       
Fax:         [phone]       
E-mail:      [e-mail]        
Internet:    www.ekosem-agrar.de         
ISIN:        DE000A1MLSJ1, DE000A1R0RZ5  
WKN:         A1MLSJ, A1R0RZ              

End of News    DGAP News-Service  

---

  
199333 17.01.2013