Test of Irrigation Systems in Crimea

 

Landkom International PLC (AIM: LKI, 'Landkom' or the 'Company'), the Ukrainian producer of high-value oil seed rape and wheat, is collaborating with Lindsay Corporation ('Lindsay') (NYSE: LNN) on the development of world class irrigation systems to optimise the performance of its land.

Lindsay is providing a test centre pivot irrigation system with irrigation management expertise on Landkom's prime agricultural land in the Crimea. This will allow the Company to supply water, fertilizer and chemicals directly onto the land through an irrigation system as the crop requires.

This system optimises growing conditions, increases yields and reduces input costs including machinery, energy and labour. It also decreases crop damage as there is no need for tractors to work the land between planting and harvesting.

The existing test unit, which covers a 64 hectare plot, provides over 90% efficiency for inputs optimisation.

Richard Spinks, Chief Executive Officer, commented:
"We are very excited about this partnership with Lindsay which has the potential to maximise yields and income on our land in Crimea. This is part of our continuing drive to create first class intensive farming on some of the most fertile arable land in the world."

For further information:

Landkom International Plc (www.landkominternational.com)
Richard Spinks, Chief Executive Officer
Stephen Pickup, Chief Financial Officer
+380 673 410 140

Liberum Capital
Simon Atkinson
+44 (0)20 3100 2223

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, increase levels of employment in the region and support further investment into the local economy.

 

02 April 2009

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