ADM Acquires 14.9 Percent Interest in GrainCorp Limited

  ADM Acquires 14.9 Percent Interest in GrainCorp Limited

      Intends to work with GrainCorp to arrive at acquisition agreement

                   Part of ongoing ADM portfolio management

     Aligns with strategy of investing in key supply regions outside U.S.

Business Wire

SYDNEY -- October 19, 2012

Since Thursday evening Sydney time, Archer Daniels Midland Company (NYSE: ADM)
has held an economic interest in 14.9 percent of GrainCorp Limited (ASX: GNC)
shares. ADM previously held economic interest in 4.9 percent, and on Thursday
evening ADM acquired an additional 10 percent economic interest at a price of
A$11.75 per share.

ADM has approached GrainCorp with the aim of arriving at an agreement under
which GrainCorp’s Board of Directors would recommend to its shareholders a
cash acquisition by ADM. Any agreement would be subject to satisfactory due
diligence, regulatory approvals and other conditions.

“Our investment in GrainCorp is part of our ongoing portfolio management and
is consistent with our strategy of growing our Agricultural Services and
Oilseeds businesses by investing in key supply regions outside the United
States,” said ADM Chairman and CEO Patricia Woertz.

“GrainCorp is a well-managed company, and together with ADM would be better
positioned to connect Australia’s farmers with growing global demand for crops
and food, particularly in Asia and the Middle East.”

“We anticipate that an ADM acquisition of GrainCorp would meet ADM’s key
financial hurdles.”

Forward-Looking Information

This press release includes forward-looking statements, within the meaning of
the Private Securities Litigation Reform Act of 1995, that are subject to
risks, uncertainties and other factors, including, without limitation, with
respect to any potential acquisition by ADM of all or any portion of
GrainCorp. There can be no certainty that any discussions will result in a
transaction or the entry into a definitive agreement. These risks,
uncertainties and other factors could cause actual results to differ
materially from those referred to in the forward-looking statements. The
reader is cautioned not to rely on these forward-looking statements. Other
risks are described in detail in the ADM Annual Report on Form 10-K for the
fiscal year ended June 30, 2012, as filed with the U.S. Securities and
Exchange Commission. All forward-looking statements are based on information
currently available to ADM and ADM assumes no obligation to update any such
forward-looking statements.

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 270 processing plants, 420 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 160 countries. For more information about ADM and its products,


Archer Daniels Midland Company
Media Relations
Jackie Anderson, 217-424-5413
Investor Relations
Ruth Ann Wisener, 217-451-8286
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