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Agria Corporation: Agria Issues Statement

  //house-home.news-articles.net/content/2009/05/18/agria-corporation-agria-issues-statement.html
  Published in House and Home on Monday, May 18th 2009 at 8:55 GMT, Last Modified on 2009-05-18 08:56:21 by Market Wire

BEIJING--(Marketwire - May 18, 2009) - Agria Corporation (NYSE: [ GRO ]) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced issued the following statement.

In view of the unusual market activity in the Company's stock, the New York Stock Exchange has contacted the Company and requested that the Company issue a public statement indicating whether there are any corporate developments which may explain the unusual activity. The Company stated that it knows of no material events that would cause unusual market activity.

About Agria Corporation

Agria Corporation (NYSE: [ GRO ]) is an innovative China-based agri-solutions provider focusing on research and development, production and distribution of three different types of upstream agricultural products. Its diversified portfolio of products comprises corn seeds, sheep breeding and seedlings, including proprietary products. The Company has access to approximately 27,000 acres of farmland in seven provinces and its extensive distribution network provides direct or third party distribution in 14 provinces. For more information about Agria Corporation, please visit [ www.agriacorp.com ].

Safe Harbor Statement:

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Agria may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Agria's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, those risks outlined in Agria's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this announcement unless otherwise stated, and Agria does not undertake any obligation to update any forward-looking statement, except as required under applicable law.