TIDMAGTA 
 
RNS Number : 3816L 
Agriterra Ltd 
05 May 2010 
 

        Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture 
5 May 2010 
                  Agriterra Ltd ('Agriterra' or 'the Company') 
                             Comment re Speculation 
 
Agriterra Ltd, the AIM listed company focussed on the agricultural sector in 
central and southern Africa, notes the recent speculation regarding operations 
at the Compagri maize processing facility in Tete, Mozambique ('Compagri'), the 
Company's second facility in addition to its larger operation in Chimoio which 
has operated under the DECA brand for six years. 
 
The Board would like to clarify recent events that have occurred at Compagri, in 
particular in relation to the employment status of Mr. Stewart Goss, Compagri's 
interim Assistant Manager.  Mr. Goss was employed in January 2010 as an 
assistant manager at Compagri following the dismissal of the former General 
Manager.  His position prior to this assignment had been as a farm manager in 
Vanduzi Lda in Mozambique, controlling a large labour force without incident 
during his six year tenure.  During his time as Assistant Manager of Compagri he 
discovered impropriety amongst a number of employees who were subsequently 
arrested and convicted after he had notified the authorities.  The Board believe 
that this prompted a trade union backlash and Mr. Goss was subsequently informed 
that his work permit was cancelled.  Following legal consultation the Company 
has appealed the matter through the constitutional court in Mozambique and it 
awaits the outcome and an appeal has also been made to the Minister of Labour. 
Whilst the Company awaits a resolution from the constitutional court, the 
Company has instigated a temporary suspension of operations at Compagri. 
 
The Board is confident that this matter will be dealt with expeditiously by the 
Mozambican courts and will keep shareholders abreast of developments. 
 
                                   ** ENDS ** 
 
For further information please visit www.agriterra-ltd.com or contact: 
+----------------+--------------------------+---------------------+ 
| Andrew Groves  | Agriterra Ltd            | Tel: +44 (0) 20     | 
|                |                          | 7408 9200           | 
+----------------+--------------------------+---------------------+ 
| Jonathan       | Seymour Pierce Ltd       | Tel: +44 (0) 20     | 
| Wright         |                          | 7107 8000           | 
+----------------+--------------------------+---------------------+ 
| Richard        | Ambrian Partners Ltd     | Tel: +44 (0) 20     | 
| Swindells      |                          | 7634 4700           | 
+----------------+--------------------------+---------------------+ 
| Hugo de Salis  | St Brides Media &        | Tel: +44 (0) 20     | 
|                | Finance Ltd              | 7236 1177           | 
+----------------+--------------------------+---------------------+ 
| Susie Callear  | St Brides Media &        | Tel: +44 (0) 20     | 
|                | Finance Ltd              | 7236 1177           | 
+----------------+--------------------------+---------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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