In the past financial year, the international capital markets were buffeted by the financial market crisis and the consequences of the worldwide economic slump that began in 2008. In the middle of March 2009 a rally began in financial markets, pointing to an at least interim improvement in the world economy and permitting more optimistic economic forecasts. The ATX, the blue-chip index of the Vienna Stock Exchange, gained 72.1% over the course of AGRANA’s 2009|10 financial year.

AGRANA’s share price (ISIN: AT0000603709) advanced by 62.3% over the same period. The share closed the financial year at € 71.56. The market capitalisation at the year-end was thus € 1,016.3 million, an increase of 50.7% from one year earlier. The average daily trading volume in AGRANA was approximately 3,100 shares (single-counted), which was below the level of the previous years. In addition to its listing on the Prime Market segment of the Vienna Stock Exchange, AGRANA is traded on the floor of the Frankfurt Stock Exchange and on the Stuttgart and Berlin-Bremen exchanges.

AGRANA’s investor relations and public relations activities are based on the fundamental principles of providing comprehensive information, a high level of transparency and constant communication with investors and analysts. At the press conference presenting the annual results, the financial and industry media were provided with detailed information on the financial results and business performance. In addition, the Management Board gave numerous one-on-one interviews to financial and agricultural journalists and kept the public informed through press releases on current developments.

The Management Board of AGRANA provided Austrian and international institutional investors and analysts with information on the company’s performance and the prospects for the AGRANA Group at several road shows and investor conferences held in Austria and abroad. This dialogue was supplemented by numerous individual conversations and conference calls on quarterly and full-year results. Private shareholders had the opportunity to learn about AGRANA’s current business performance directly from the Management Board at the GEWINN trade fair. AGRANA’s financial market communication was also honoured with an official award. As a winner in the Wiener Börse Preis 2009 awarded in this context, AGRANA was ranked third among all Prime Market companies in the Small and Mid Caps category.

An important element of the investor relations activities is the regular updating of the website (www.agrana.com), where all financial reports, financial news items, ad-hoc announcements, voting rights notifications, directors’ dealings disclosures and investor presentations are available as soon as they are published. AGRANA endeavours to make the same information available to all market participants at the same time.

The following national and international investment houses published research on AGRANA in the 2009|10 financial year: Raiffeisen Centrobank, Erste Bank, Goldman Sachs, Berenberg Bank and Sal. Oppenheim. An overview of the current analyst ratings can be found on the Internet at www.agrana.com > Investor Relations.

¹ Proposal to the Annual General Meeting.

AGRANA is committed to a long-term policy of sustained dividends. On 2 July 2010 the Management Board will propose to the Annual General Meeting to pay a constant dividend of € 1.95 per share. Based on 14.2 million shares, the total payout will be € 27.7 million, giving a dividend yield of 2.7% (prior year : 4.1%) based on the share price of € 71.56 at the end of February 2010. Entitled shareholders will be paid the dividend on 7 July 2010 by their custodian.

AGRANA has a stable core shareholder structure. In the 2009|10 financial year, Z&S Zucker und Stärke Holding AG (“Z&S”), based in Vienna, held 75.5% of the share capital of AGRANA Beteiligungs-AG, the same amount as in the prior year. Z&S, the majority shareholder, is a wholly owned subsidiary of Vienna-based AGRANA Zucker, Stärke und Frucht Holding AG, which, in turn, is 50% owned by Südzucker AG, Mannheim/Ochsenfurt, Germany (“Südzucker”), and 50% owned by Zucker-Beteiligungsgesellschaft m.b.H., Vienna (“ZBG”). The following five Vienna-based entities are shareholders of ZBG: „ALMARA“ Holding GmbH (a subsidiary of Raiffeisen-Holding Niederösterreich-Wien registrierte Genossenschaft mit beschränkter Haftung); Marchfelder Zuckerfabriken Gesellschaft m.b.H.; Estezet Beteiligungsgesellschaft m.b.H.; Rübenproduzenten Beteiligungs GesmbH; and Leipnik-Lundenburger Invest Beteiligungs AG.

Under a syndicate agreement between Südzucker and ZBG, the partners in the syndicate have certain rights to appoint members of the Management Board and Supervisory Board of AGRANA Beteiligungs-AG. Accordingly, Johann Marihart has been appointed by ZBG as a management board member of Südzucker and Thomas Kölbl has been appointed by Südzucker to the Management Board of AGRANA Beteiligungs-AG. Neither individual receives compensation for serving in this respective capacity.

The other 24.5% of the shares are free float. Prudential plc, a British company, holds more than 10% of AGRANA’s share capital.