TIDMAGTA 
 
RNS Number : 2247W 
Agriterra Ltd 
16 November 2010 
 

        Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture 
16 November 2010 
                  Agriterra Ltd ('Agriterra' or 'the Company') 
       Placing to Raise US$7 million to Expand Mozambique Beef Operations 
 
Agriterra Ltd, the AIM listed company focussed on the agricultural sector in 
central and southern Africa, announces that it has conditionally raised US$7 
million (before expenses) by way of a placing of 145,483,334 new ordinary shares 
of 0.1 pence each in the Company ('the Placing Shares'), with new and existing 
shareholders at a price of 3 pence per Placing Share ('the Placing').  The funds 
raised will be used primarily to expand the Company's cattle ranching and 
feedlot production business in Mozambique and for general working capital. 
 
Agriterra Executive Director Euan Kay said, "Our cattle ranching operations 
continue to progress rapidly, with total head of cattle now exceeding 1,600 
across our two ranches which cover more than 15,000 hectares.  Following the 
Centro de Promocao de Investimentos approval (Major Project Investment Approval) 
from the Government of Mozambique in October, we plan to aggressively move 
forward with our expansion plans, and continue development of the Vanduzi 
abattoir/feedlot project." 
 
The Placing Shares will represent 20.99% of the enlarged issued ordinary share 
capital, which will then comprise 693,254,888 ordinary shares of 0.1p each. 
 
The Placing is conditional on the admission of the Placing Shares to trading on 
AIM ('Admission').  Application has been made to the London Stock Exchange for 
the Placing Shares to be admitted to trading and it is expected that Admission 
will occur, and dealings in the Placing Shares will commence on 19 November 
2010. 
 
The Placing Shares will, when issued, rank pari passu in all respects with the 
existing issued shares of Agriterra, including the right to receive any 
dividends and other distributions declared following Admission. 
 
                                   ** 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           | 
+----------------+--------------------------+---------------------+ 
| David Foreman  | Seymour Pierce Ltd       | Tel: +44 (0) 20     | 
|                |                          | 7107 8000           | 
+----------------+--------------------------+---------------------+ 
| Robin Henshall | Matrix Corporate Capital | Tel: +44 (0) 20     | 
|                | LLP                      | 3206 7000           | 
+----------------+--------------------------+---------------------+ 
| Hugo de Salis  | St Brides Media &        | Tel: +44 (0) 20     | 
|                | Finance Ltd              | 7236 1177           | 
+----------------+--------------------------+---------------------+ 
| Susie Geliher  | 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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