Eastern European Markets

March the 12th, 2012

Agrowill Group CEO Marius Iutautas acquires shares of the Company he manages

Agrowill Group CEO Marius Iutautas acquires shares of the Company he manages. From now he owns 135,000 shares of the one of the largest agricultural investment companies in the Baltic countries.

A week ago Agrowill Group has announced the year 2011 after completing a profit. The company's turnover last year, compared to the 2010's, grew by 25 percent. and amounted to 56.58 million. LTL. EBITDA (earnings before interest, taxes, depreciation and amortization) significantly increased - of around 50 percent. - from 8.7 million in 2010. to 12.6 million in 2011.

"Results show that the company has been developed in the right direction. Continuously improving financial and performance indicators, the company seek to increase the volume and profitability. The company is successfully implementing the goal - debt reduction. Over the past year has been achieved and a lot of efficiency of the performance objectives. I believe in this company and I see that we are moving in the right direction, and so investing in it "- says Agrowill Group CEO Marius Iutautas.

According to him, the favorable situation of the agricultural commodity markets allows the company executives and shareholders expect good market situation and in 2012.

About Agrowill Group:
Founded in 2003 Agrowill Group is centrally managed and one of the largest primary agricultural production companies in Eastern Europe. Agrowill Group's goal is to optimize the business processes of companies managed to increase production and productivity, use of existing infrastructure, introducing modern management and targeted IT solutions, standardize corporate governance processes of the group. Currently Agrowill Group unites more than 40 companies, which manages more than 700 units of various techniques, 250,000 square meters. of multi-purpose building, which hosts a variety of manufacturing processes and keeps more than 2.6 thousand dairy cows. Agrowill Group's largest shareholders- "Vretola Holdings Limited, Volemer Holdings Limited, UAB " Eastern Agro Holdings. The Company's shares are listed on the NASDAQ OMX Vilnius and Warsaw stock exchanges.

For more information
Vladas Bagaviaius, Agrowill Group, Chairman of the Board, tel. 8-610-31807

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