Nordic Sugar sells Spanish-based seed unit

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Agreement signed with Strube GmbH & Co. KG for the sale of Maribo Seed España S.A.U.

Nordic Sugar has today concluded an agreement with the German-based seed company Strube GmbH & Co. KG for the sale of the company’s shareholding in Maribo Seed España S.A.U., a producer of sunflower seed. The parties have agreed not to disclose the sales price.

The agreement, which covers all the sunflower seed breeding and distribution activities of Maribo Seed España S.A.U., enters into force with retroactive effect as from 1 March 2011.

For further information:

Thomas B. Olsen, Managing Director, Nordic Sugar A/S, tel. +45 3266 2500, or Dorthe Lindgreen, Communications/Manager, Nordic Sugar A/S, tel. +45 3266 2588 / +45 4011 6695

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