TIDMAGTA 
 
RNS Number : 2287P 
Agriterra Ltd 
13 July 2010 
 

        Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture 
13 July 2010 
                  Agriterra Ltd ('Agriterra' or 'the Company') 
                                Operations Update 
 
Agriterra Ltd, the AIM listed company focussed on the agricultural sector in 
central and southern Africa, is pleased to announce a positive update on its 
grain processing and cattle ranching operations in Mozambique. 
 
·   The Compagri maize processing facility in Tete ('Compagri') has re-opened 
and the buying programme from local farmers is underway 
·    A new management team has been appointed to oversee operations at Compagri, 
led by Jean Bernard Guimbeau, who has extensive agricultural management 
experience in southern Africa and Miguel Cruz, a Mozambican national, who has 
been the Southern Area buying manager at the DECA facility in Chimoio for four 
years 
·    A scaled and controlled ramp-up of production and marketing is planned at 
Compagri with the mill anticipated to achieve full capacity by the end of 2010 
·    Trading at DECA facility in Chimoio is buoyant, with over 4,500 tonnes of 
maize purchased in the first 24 days of the buying season.  Total purchases are 
expected to be in excess of 20,000 tonnes for the whole buying season and 
current stock stands at 17,000 tonnes 
·    Demand for both DECA maize meal and bran is strong, with June 2010 maize 
meal sale tonnages approximately 100% up on June 2009 
·    Mozbife cattle ranching operations are performing encouragingly - PD 
(pregnancy diagnosis) tests have been completed on all cows and heifers with an 
82% pregnancy rate achieved 
·    First calves expected in November which will increase total herd to in 
excess of 1,700 head 
 
Agriterra Executive Director Euan Kay said, "I am delighted to report that 
operations at Compagri have recommenced and I am confident that under the 
stewardship of Jean Bernard Guimbeau our second maize processing facility will 
replicate the increasing success achieved at our flagship facility in Chimoio. 
The buying season has now commenced and we are achieving strong inflows at the 
DECA facility, with more than 4,500 tonnes bought in only 24 days.  In addition, 
demand for, and consequently sales of,  our maize meal and bran products remain 
robust as we build critical mass in the market place and our geographic reach 
extends. 
 
"Our cattle ranching operations are also performing strongly, with a high rate 
of pregnancies achieved following the first round of PD tests.  These calves, 
which are expected in November, will increase our total herd to over 1,700, as 
we rapidly look to expand our herd to over 5,000 head by 2012.  In addition, 
fencing and feedlot construction are well advanced." 
 
                                   ** 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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