Land Bank Update

Landkom International Plc
03 March 2008

3 March 2008


LANDKOM INTERNATIONAL PLC

Land bank now over 67,000 hectares

Landkom International PLC (AIM: LKI, 'Landkom' or the 'Company'), the Ukrainian
producer of high-value oil seed rape and wheat, has achieved its 2007 land
acquisition target of 50,000 hectares.

By March 2008 Landkom had added a further 17,000 hectares, giving it a total
land bank of 67,000 hectares.

All the land acquired is in Ukraine and has been inspected and verified as
suitable by agronomy experts, Scottish Agricultural College*. The land has been
selected in areas which provide good rainfall and soil parameters for the
production of oil seed rape and wheat.

Richard Spinks, Landkom Chief Executive, commented:

'The land acquisition programme is continuing apace. At the time of our IPO last
November, we said we intended to add a further 65,000 hectares in 2008, over and
above the 50,000 hectares acquired in 2007, giving us a total land bank of
115,000 hectares by the end of 2008. At our current acquisition rate we are
comfortably on target to achieve that goal.'


For further information:

Landkom International PLC (www.landkominternational.com)
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 67,000 hectares (as at
3 March 2008) 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.

* Scottish Agricultural College is an agronomy company based in Edinburgh. It
provided an independent, expert agronomy report, which was included as part of
the admission document issued for Landkom's Admission to AIM.