Agria Announces Share Buyback Program

Agria Announces Share Buyback Program 
BEIJING -- (Marketwire) -- 04/01/13 --  Agria Corporation (NYSE: GRO)
(the "Company" or "Agria") today announced that its Board of
Directors has approved a share buyback program under which the
Company may spend up to US$10 million to repurchase ordinary shares,
either in the form of ordinary shares or American Depositary Shares
(ADS) in the open market or in privately negotiated transactions by
December 31, 2013, subject to further extension thereof with approval
of the Transition Committee. Unlike the previous program, the shares
to be purchased under this program will be held as treasury shares as
now provided under the laws of our place of incorporation in Cayman
The shares will be purchased from time to time at such prices, and in
such manner as are authorized by management depending upon market
conditions. There is no guarantee as to the exact number of shares
that Agria may repurchase and Agria may discontinue purchases at any
time that management determines additional purchases are not
Mr. Alan Lai, Agria's Executive Chairman of the Board, commented,
"The Board of Directors and senior management believe that the
current share price is undervalued and not reflective of the
underlying value of our strategic investments in leading proprietary
seed technologies. We are confident in the long-term prospects for
our business and we believe that the share buyback program
underscores our commitment to protecting shareholder interests and
enhancing shareholders' return." 
Mr. Lai further added, "I take pride in having led Agria onto this
path as an international agriculture company with long term prospects
of growth. As a demonstration of my personal commitment and
confidence, I look forward to increasing my personal stake in the
Company from time to time, subject to compliance with the applicable
laws and restrictions as to share dealings."  
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 Limited, New Zealand's
largest agricultural services company. For more information about PGG
Wrightson Limited, please visit For more
information about Agria Corporation, please visit 
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. 
For more information, please contact: 
Agria Corporation 
Patrick Tsang
Chief Financial Officer
Tel: +852 2748 9390
William Zima
Managing Director
Phone (U.S.): +1-646-308-1207
Phone (China): +86-10-6583-7511
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