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Agria and PGG Wrightson to Cooperate With PRC Agricultural

Agria and PGG Wrightson to Cooperate With PRC Agricultural Partners 
Two Memoranda of Understanding Signed With Guangdong and Shandong
Agricultural Partners 
BEIJING -- (Marketwire) -- 12/18/12 --  Agria Corporation (NYSE: GRO)
(the "Company" or "Agria") and its New Zealand listed subsidiary PGG
Wrightson (NZSE: PGW) ("PGW") today announced that the operating
entities of Agria and PGW have signed two memoranda of understanding
with PRC agricultural partners in Guangdong Province and Shandong
Province. 
According to the memorandum of understanding with Guangdong Academy
of Agricultural Sciences, Crops Research Institute, and Guangdong
Golden Crops Agricultural Sciences & Technology Co., Ltd, the parties
will develop a high-profile agriculture showcase under the name of
"The China Guangdong - New Zealand Agriculture Showcase" in Guangdong
Province. The parties will cooperate in the following areas: 


 
--  To establish the China Guangdong - New Zealand Agriculture Showcase
    for the showcasing and promotion of innovative products, advanced
    agricultural technology, advanced plant species, and advanced
    agricultural production models;
--  To cooperate in the exchange and training of agriculture specialists;
--  To strengthen the cooperation in the development, production and
    promotion of new plant species including edible corn, forage and
    vegetable seeds;
--  To leverage and apply New Zealand's geographical and climate
    advantages by establishing a base in New Zealand for seed production
    of Guangdong Province; and
--  To jointly set up a working committee to coordinate the establishment
    of the project, with representatives from all parties, and to
    communicate and cooperate in other areas.

  
According to the memorandum of understanding with Shandong Province
Seeds Group Co., Ltd., the parties will cooperate in the following
areas: 


 
--  To strengthen the cooperation in the scientific research, production
    and promotion of plant species including corn, forage and vegetable
    seeds; and
--  To jointly set up a working committee to coordinate the establishment
    of the project, with representatives from all parties, and to
    communicate and cooperate in other areas.

  
Alan Lai
, Agria's Chairman of the Board, commented, "The cooperation
between Agria and PGW has enhanced the complementary strengths of
both sides and boosted the future plan for joint development of Asia
and China markets. Agricultural and seeds economy has been highly
recognized by the Chinese government and investors. With nearly 40
ranches each with over ten-thousand cattle under construction, China
is marching into large-scale breeding in this area. Development and
promotion of grass seeds is currently one of the most needed
agricultural technologies in China. With world-leading seeds
technologies and ranch management experience, we can bring valuable
experience for the construction of large-scale ranches in China. I
believe, our cooperation with PGW will generate significant
investment return for shareholders in the near future." 
The two projects will benefit from Agria and PGW's extensive
experience and resource in advanced technical development planning
and their management philosophy and skills, combined with the
advanced new agricultural production technology provided by the
Guangdong and Shandong agricultural partners. The two projects will
serve as platforms for Agria and PGW to promote agricultural
technology and innovative services for PRC clients and show Agria and
PGW's dedication to international cooperation. 
About Agria Corporation  
Agria Corporation (NYSE: GRO) is an agricultural company with
operations in China and internationally. Agria operates three
principal business lines: China seeds, international seeds and
agriservices. In China, Agria engages in research and development,
production and sale of seed products, including field corn seeds,
edible corn seeds and vegetable seeds. Agria owns through Agria Asia
a 50.22% equity interest in PGG Wrightson, New Zealand's largest
agricultural services company. For more information about PGG
Wrightson, please visit www.pggwrightson.co.nz. For more information
about Agria Corporation, please visit www.agriacorp.com. 
Safe Harbor Statement: 
This announcement contains forward-looking statements. These
statements, including the management's commentary, are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," "confident"
and similar statements. Agria may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission on Forms 20-F and 6-K, etc., in
its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about Agria's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Potential
risks and uncertainties include, but are not limited to, those risks
outlined in Agria's filings with the U.S. Securities and Exchange
Commission. All information provided in this press release is as of
the date of this announcement unless otherwise stated and Agria does
not undertake any obligation to update any forward-looking statement,
except as required under applicable law. 
Contact: 
David Pasquale 
Senior Vice President 
U.S. Tel: +1-914-337-1117 
david.pasquale@agriacorp.com
 
 
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