AGROCERES & CO. LIMITED

Notice is hereby given that:

(a) At an Extraordinary General Meeting of the above-named Company held at Suites 7 & 8, Port House, Square Rigger Row, Plantation Wharf, York Place, London SW11 3TY, on 11th May 2001, a Special Resolution was duly passed that a payment of £8,343,600 out of the Company’s capital (as defined in sections 171 and 172 of the Companies Act 1985) in respect of the purchase by the Company of 8,343,600 Ordinary Shares of £1 each, under section 171 of the Companies Act 1985, be authorised.
(b) The amount of the permissible capital payment, as defined by sections 171 and 172 of the Companies Act 1985, was £8,343,600.
(c) The Statutory Declaration and Auditors report, required by section 173 of the Companies Act 1985, both of which are dated 11th May 2001, are available for inspection at the registered office of the Company at Suites 7 & 8, Port House, Square Rigger Row, Plantation Wharf, York Place London SW11 3TY; and
(d) Any Creditor of the Company may apply to the High Court, under sections 176 and 177 of the Companies Act 1985, within the period of 5 weeks immediately following 11th May 2001, for an Order prohibiting the payment.
S. Peters, Secretary
11th May 2001.