30,950 Hectares Planted For Winter 2008

Landkom International PLC (AIM: LKI, "Landkom" or the "Group"), the Ukrainian producer of high-value oilseed rape and wheat, has completed ahead of schedule its 2008 Winter planting programme. The Group has planted 30,950 hectares (ha); 16,750 ha of Oil Seed Rape (OSR) and 14,200 ha of Winter Wheat.

The Group has prepared an additional 25,800 ha, positioning the Group well for2009 plantings.

Richard Spinks, Landkom Chief Executive, commented:
"Despite the inclement weather this autumn, we have prepared more land than our initial target which is not only important for planting in 2009 but also sends a clear message to the local community about our intent. Our Winter planting is in line with our expectations and sets us up well for next year when we will be able to benefit from greater efficiencies, better technical capabilities and our significantly enhanced experience."

For further information:

Landkom International PLC
Richard Spinks, Chief Executive
Tel: +380 673 410 140

Libertas Capital
Aamir Quraishi/Anthony Rowland
Tel: +44 (0)20 7569 9650

College Hill
Simon Whitehead/Adrian Duffield
Tel: +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, Landkom has secured a land bank in excess of 115,000 hectares (as at 26 September 2008). Landkom has a target to increase the land bank in Ukraine to at least 350,000 hectares by 2011.

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.

 

03 November 2008

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