Market Overview

Actagro Announces Joint Distribution and Development Agreement with Anagra


Actagro LLC and Anagra, a Mitsui majority owned company, have signed a
Distribution and Development Agreement to promote and expand Actagro's
product portfolio in Chile and Peru. The partnership strengthens
Actagro's growing footprint, bringing the company's innovative plant and
soil health solutions to a region heavily focused on high-production

"Actagro is very pleased to continue to implement its global expansion
strategy for its soil and plant health technology solutions in both
Chile and Peru," said Kent Lambden, Vice President, Global Business
Development & Strategy, Actagro. "We are very happy to enter into an
agreement with a company such as Anagra, who has been a long-term market
leader in bringing value added products to its agricultural customers in
Chile, who also offers us an entrance into the attractive and growing
Peruvian market with their recent investment in Equilibria Peru S.A."

Products that can offer crops improved nutrient efficiency, maximized
water-holding capacities or reduce nutrient loss are in high demand

"We have grown our specialty business significantly over the past
several years, and the Actagro portfolio of technologies fits our
strategy to continue to expand in this these high value segments," said
Luis Hernan Cruz, CEO of Anagra.

About Actagro, LLC: Actagro, through its 36-year history, is a
premier developer, manufacturer and marketer of environmentally
sustainable soil and plant health technology solutions which enhance
value for its customers globally. Spanning 32 countries across the
globe, Actagro's commercial footprint continues to expand along with its
commitment to technology discovery, development and commercialization.

About Anagra: For more than thirty years, ANAGRA S.A. has
developed and implemented technologies and nutritional solutions to
optimize the performance of its customers throughout Chile. With a
network of offices covering the entire agricultural territory, a team of
high-level professionals and agronomists, and an extensive line of
granular, soluble and specialty fertilizers, ANAGRA is today the largest
importer of nitrogen products to the country and the leading company in
design and marketing of "customized" mixtures for each soil-crop-climate
condition of its customers.

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