Operational UpdateFriday 22 February, 2008Landkom Intl PlcOperational UpdateLandkom 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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Landkom Share Price Index
LKI Current: 8.25p 52wk Minimum: 5.12p 52wk Maximum: 11.0p Market Value: £35.9 million Last updated 08 September 2010
Landkom on course to achieve profits
Interim Results
Notice of Interim results - 20 July 2010
Landkom International PLC (AIM: LKI), the Ukrainian producer of agricultural commodities, will be publishing its Interim results for the six months to 30 April 2010 on Tuesday, 20 July 2010
29 June 2010 Read more...
35,000 tonnes of rapeseed sold forward at approximately $318 per tonne
Completion of Spring Planting
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