Avangardco's Poultry Farm in the Crimea

 19 August 2014

AVANGARDCO INVESTMENTS PUBLIC LIMITED

"AVANGARDCO IPL" poultry farm in the Crimea to be purchased by compulsory order

Кyiv, Ukraine - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the Company" or "AVANGARDCO IPL"), the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Eurasia, today comments on the public statement of the Minister of Agriculture of the Crimea Nikolay Polyushkin to purchase by compulsory order the poultry farm "Yuzhnaya Holding", a part of "AVANGARDCO IPL".

In this regard, Oleg Bakhmatyuk, the beneficial shareholder of "AVANGARDCO IPL" urged the representatives of the Russian authorities in the Crimea to reconsider their intention to "illegally seize private assets and start an open dialogue with the management regarding future business plans of Avangardco' poultry farm on the Crimea peninsula."The management of "AVANGARDCO IPL" supports Mr. Bakhmatyuk statement and welcomes an open discussion regarding the future of the Crimea's largest poultry farm. The Company reserves its right to defend any illegal claim on its assets in national and international courts.

"AVANGARDCO IPL" continues to monitor the situation and will update the market with any further developments as appropriate.

Note: "AVANGARDCO IPL" owns two poultry farms for shell egg production in the Crimea - "Yuzhnaya Holding" and "Ptytsecomplex", one poultry farm for rearing young laying hens "Yuzhnaya Holding", and one breeder farm, "Ptytsecomplex".

- The End -