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Operational Update

Friday 22 February, 2008

Landkom Intl Plc

Operational Update

Landkom International Plc
22 February 2008

22 February 2008



LANDKOM INTERNATIONAL PLC



Landkom saving money with own biofuel



Landkom International PLC (AIM: LKI, 'Landkom' or the 'Company'), the Ukrainian
producer of high-value oil seed rape and wheat, has successfully produced its
first biofuel which it will use to cut the running costs of its fleet of trucks
and tractors.



The biofuel has been produced from Landkom's non-core crops on existing marginal
land.



Landkom has tested as much as B100 on some tractors and trucks but in the first
instance will run B20 (20% Biodiesel).



This enhances the operational effectiveness of the Company and does not disrupt
core production of wheat and oil seed rape.



The cost of a litre of Landkom's own-produced biodiesel is around 30 cents, or
approximately a third of the current cost of the diesel with which it will be
blended, initially at B20 (or 20% Biodiesel/80% Diesel).



Landkom currently spends $2 million a year on mineral diesel fuel.



Richard Spinks, Landkom Chief Executive, commented:



'By utilising marginal farm land to produce biofuel for our own use we can save
money and save the environment. It's good for business and good for the local
community.'





For further information:

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

Libertas Capital
Aamir Quraishi/Stephen Pickup                       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 50,000 hectares and
has completed the plantation of its first commercial crop of over 10,000
hectares. 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.



Following first round funding in April 2007 of £6.9 million, Landkom completed a
listing on AIM in mid November 2007 raising net £50.1 million at a valuation of
£98.4 million.



www.landkominternational.com


22 February 2008


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