American Vanguard Establishes Quarterly Dividend Policy and Equity Repurchase Plan

  American Vanguard Establishes Quarterly Dividend Policy and Equity
  Repurchase Plan

Business Wire

NEWPORT BEACH, Calif. -- June 10, 2013

American Vanguard Corp. (NYSE:AVD) today announced that its Board of Directors
has established a quarterly dividend payment policy, replacing its traditional
semi-annual cash dividend payment practice. Accordingly, the Board declared a
$0.05 cash dividend payment to be distributed on July 19, 2013 to shareholders
of record as of July 5, 2013. Additionally, the Board of Directors voted to
authorize the Company to repurchase its outstanding common shares.

Eric Wintemute, Chairman and CEO of American Vanguard, stated, “We are pleased
to declare this dividend, which continues our 20-year history of providing
such returns to our shareholders. This new quarterly payment approach will
allow our shareholders to realize more immediate benefits from the continuing
expansion and financial success of our Company. We also want to maintain a
disciplined approach to our equity base. Since performance-based incentives
can include restricted stock and stock option grants, we have instituted a
share repurchase program with the intent of maintaining the current level of
outstanding shares. This dividend policy and disciplined equity plan reflect
our belief that increasing shareholder value is of prime importance to Company
management and its Board of Directors. These steps also indicate the
confidence that management and the Board of Directors have in the Company’s
future. We appreciate our investors’ continued support as we pursue profitable
growth in the crop protection and public health markets worldwide.”

Historical Cash Dividends                            
                              April     July      October     Annual
2013                          $0.07     $0.05
2012                          $0.05     N/A       $0.07       $0.12
2011                          $0.03     N/A       $0.05       $0.08
2010                          $0.01     N/A       $0.02       $0.03

Note: A Special Dividend of $0.10 per share was paid in December 2012 and is
not included in the 2012 dividend calculation above.

About American Vanguard

American Vanguard Corporation is a diversified specialty and agricultural
products company that develops and markets products for crop protection and
management, turf and ornamentals management and public and animal health.
American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and
the Standard & Poors Small Cap 600 Index. To learn more about American
Vanguard, please reference the Company’s web site at
www.american-vanguard.com.

The Company, from time to time, may discuss forward-looking information. All
forward-looking statements are estimates by the Company’s management and are
subject to various risks and uncertainties that may cause results to differ
from management’s current expectations. Such factors include weather
conditions, changes in regulatory policy and other risks as detailed in the
Company’s SEC reports and filings. Any forward-looking statements in this
release represent the Company’s best judgment as of the date of this release.

Contact:

American Vanguard Corporation
William A. Kuser, Director of Investor Relations
949-260-1200
williamk@amvac-chemical.com
or
The Equity Group Inc.
Lena Cati, 212-836-9611
Lcati@equityny.com
www.theequitygroup.com
 
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