The data release include the following points:

          1. As of December, 31 2011 the Group's total Indebtedness and cash position amounted to USD 20 mln and USD 5.5 mln,
respectively, which resulted in net debt position of USD 14.5 M

          2. The Group plans to achieve such further operational results in 2012: land bank under control of 110 K hectares by the end of
the year (including 80 K ha of harvested land), storage capacities of 76 K tonnes and total grain harvest of 228 K tonnes.
These operational results are expected to lead to the following financial performance in 2012: Revenue, EBITDA and Net
Income of USD 66.7 M, USD 42.3 M and USD 31.8 M, respectively;

          3. In line with diversification strategy of the Group, forecasted sales of fuel agro-pellet and pig breeding segments, in aggregate,
are expected to reach 30% of total Group's revenue, by 2015

          4. The Group's management envisages following operational results for the year 2014: land bank of 160 K ha by the end of the
year (95% of which will be harvested), pig breading segment's output of 12.5 K tonnes of pork and fuel agro-pellets output of
130 ths tonne

We see those forecasts and possible to reach yet it is vital that the company while diversifying its activities remains advantages that it
has gained over the previous periods.
 

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