Adecoagro Prices 13.9M Share Offering at $8.00/Share

Adecoagro SA

announced Wednesday the pricing of an underwritten secondary offering of 13,900,000 common shares offered by HBK Master Fund LP at a price per share to the public of $8.00. The selling shareholder has granted to Morgan Stanley & Co. LLC, the sole underwriter in the offering, a 30-day option to purchase up to an additional 2,085,000 of the common shares. Adecoagro will not receive any of the proceeds from the sale by the selling shareholder of the common shares in this offering. The shares were offered pursuant to an effective shelf registration statement on Form F-3 that has been filed with the Securities and Exchange Commission (the "SEC"). A preliminary prospectus supplement related to the offering has been filed with the SEC and is available on the SEC's website at http://www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus related to the offering may be obtained by contacting Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014-4606, telephone: (866) 718-1649 (toll free), email: prospectus@morganstanley.com. This press release does not constitute an offer to sell or a solicitation of an