Camposol S.A. Announces Commencement of Consent Solicitation

Lima, Peru - April 8, 2014 - Camposol S.A. (the "Company") announced today that it has commenced a solicitation (the "Solicitation") of consents (the "Consents") upon the terms and subject to the conditions set forth in a Notice of Consent Solicitation (as it may be amended or supplemented from time to time, the "Notice") and the related Consent Form (the "Consent Form"), each dated as of April 8, 2014, to a proposed waiver (the "Proposed Waiver") of certain provisions of the Indenture, dated as of February 2, 2012 (as amended or supplemented, the "Indenture"), among the Company, Camposol Holding Ltd., as Parent Guarantor, Campoinca S.A. and Marinazul S.A., as Subsidiary Guarantors, and Wells Fargo Bank, National Association, as trustee (the "Trustee"), registrar, transfer agent and paying agent, governing its 9.875% Senior Notes due 2017 (the "Notes") (CUSIP Nos. 134638AA3 (Rule 144A Global Note) and P19189AA0 (Regulation S Global Note); ISIN Nos. US134638AA39 (Rule 144A Global Note) and USP19189AA04 (Regulation S Global Note)).

The Company is soliciting Consents from the holders of the Notes to waive the covenant contained in Section 4.1(a)(i) of the Indenture, "Limitation on Indebtedness and Disqualified Stock," so as to permit the Company to incur up to US$75 million in principal amount of new indebtedness on or before May 15, 2014, to fund its planned capital expenditures, including investments in plantations, particularly blueberries and shrimp plantations, as well as investments to expand its infrastructure.  If the covenant in Section 4.1(a)(i) of the Indenture is not waived as set forth in the Notice, the financial test set forth in the Indenture would not be satisfied in connection with the new indebtedness and the new indebtedness would not be Permitted Indebtedness (as defined in the Indenture).

The Solicitation will expire at 5:00 p.m., New York City time, on April 16, 2014, or such later time and date to which the Solicitation is extended (such time and date, the "Expiration Time"), unless earlier terminated.  The Solicitation is subject to customary conditions, including, among other things, the receipt of valid Consents with respect to a majority in aggregate principal amount of the outstanding Notes (the "Requisite Consents") prior to the Expiration Time (which Consents have not been validly revoked prior to the earlier of the execution of the supplemental indenture (the "Supplemental Indenture") giving effect to the Proposed Waiver and the Expiration Time).