MODERN PRODUCTION FACILITIES

MODERN PRODUCTION FACILITIES

UKRLANDFARMING PLC AND AVANGARDCO INVESTMENTS PUBLIC LIMITED FINANCIAL RESTRUCTURING

17 July 2017 – UkrLandFarming PLC (“ULF”) and Avangardco Investments Public Limited (“AVG”) have appointed Ziff-Ivin Associates Ltd as their financial advisor in addition to the companies’ legal advisor Latham & Watkins LLP to assist with the proposed restructuring of certain of the group’s debt (the “Restructuring”), including ULF‘s U.S.$500,000,000 10.875 per cent. Notes due 2018 (Regulation S ISIN: XS0908502452 / Rule 144A ISIN: US903726AA55) (the “ULF Notes”) and AVG’s U.S.$200,000,000 10.0 per cent. Notes due 2018 (ISIN: XS0553088708) (the “AVG Notes” and together with the ULF Notes, the “Notes”) and certain of the group’s bank debt (the “Bank Debt”).