Grain facility update

Grain facility update

Landkom International PLC (AIM: LKI, "Landkom"), the Ukrainian producer of high-value oil seed rape and wheat, announces that its new grain elevator at the Krasne base is now in operation and has taken delivery of its first shipment of wheat from Landkom's fields.

The grain elevator is a complex of buildings designed for the intake, cleaning, drying, storage and shipment of grain. Landkom is now running a full cycle of the drying and storage process.

Once fully commissioned, wheat from neighbouring regions will be brought to the Krasne elevator which, on completion shortly, will be able to store in excess of 20,000 tonnes of grain.

Equipment has been purchased and is on site, which can double this drying and storage capacity and, in the meantime, contracts have been signed to cover the drying and storage of the entirety of this year's crop.

Richard Spinks, Chief Executive Officer commented:
"Thanks to the hard work of our construction and operations teams, our state-of-the-art grain elevator is now in use. Once fully complete, this facility will provide Landkom with efficient and cost-effective capacity for grain storage and shipment which will be vital for our progress in the region."

For further information:
Landkom International Plc
Richard Spinks, Chief Executive Officer
+44 (0) 20 3170 5681
Stephen Pickup, Chief Financial Officer
+38 (0) 673 410 140

Liberum Capital
Simon Atkinson
+44 (0)20 3100 2000

College Hill
Simon Whitehead/Adrian Duffield
+44 (0)20 7457 2020

Note to Editors
Landkom International PLC is a large scale producer of agricultural feedstock, principally oil seed rape and wheat, for supply to the European biodiesel and food industries. Operating in Western Ukraine in the prime, fertile lands close to the border with Poland, and the Crimea, Landkom has planted 30,950 hectares (ha); 16,750 ha of Oil Seed Rape (OSR) and 14,200 ha of Winter Wheat for harvest in 2009.

Landkom is implementing Western-style agronomy practices using modern agricultural equipment to carry out efficient, large-scale farming techniques that will result in greater return from the land.

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