South Korea Clears ADM Acquisition of GrainCorp

  South Korea Clears ADM Acquisition of GrainCorp

Business Wire

DECATUR, Ill. -- August 7, 2013

The Korea Fair Trade Commission has notified Archer Daniels Midland Company
(NYSE: ADM) of its approval of ADM’s proposed acquisition of GrainCorp
Limited. This brings the number of government agencies that have cleared the
acquisition to seven. The European Commission, the Japan Fair Trade
Commission, South Africa’s Competition Commission and Canada’s Competition
Bureau cleared the acquisition in July; the Australian Competition and
Consumer Commission did so in June. The United States Federal Trade Commission
also approved the acquisition last November. ADM continues to work with
regulators in Australia and China.

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 265 processing plants, 460 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 140 countries. For more information about ADM and its products,
visit www.adm.com.

Contact:

Archer Daniels Midland Company
Media Relations
David Weintraub, 217-424-5413
media@adm.com