Industrial Milk : IMC has completed the sowing of winter wheat

WITH RESPECT TO PEOPLE AND LAND

Kyiv, 26 October 2016

IMC has completed the sowing of winter wheat

IMC has completed the sowing of winter wheat. This year wheat was sown on the area of 13.7 thousand hectares (-11% y-o-y).

"Given the good operating results of IMC in the cultivation of soybean in the last two years, next spring we are planning to increase the area under soybean by reducing the area under other crops, including winter wheat," explained the reason for the area reduction under winter wheat Vladislav Lavrinenko, Production Director of IMC.

This year in IMC about 70% of the area under winter wheat was sown with high-yielding varieties of wheat of foreign selection. The use of high-end Horsch Pronto seeders has ensured the fulfillment of sowing process at high level.

About IMC

IMC (INDUSTRIAL MILK COMPANY S.A.) is one of the TOP-10 agricultural companies in Ukraine, and is listed on the Warsaw Stock Exchange. The company is primarily involved in crop farming, the storage of grain and oilseed crops, potato production and dairy farming. It operates 136,600 hectares of land located in the prime fertile farming regions of Ukraine (Poltava, Chernihiv, Sumy). The company was founded in 2007. In 2015, IMC reported net profit of USD 14.0 million and EBITDA of USD 66.5 million.

For more information about IMC please visit our web-site:www.imcagro.com.ua