Landkom International PLC (AIM: LKI, "Landkom" or "the Group"), the Ukrainian producer of agricultural commodities, has completed its winter planting campaign.

The Group has planted a total winter crop of 29,841 hectares (ha) across Landkom's three regions, a 3.4% increase on the 28,856 ha planted in 2010.  23,478 ha were planted in the Group's western region (2010: 19,930), 4,293 ha in the southern region (2010: 3,350 ha) and 2,070 ha in the central region (2010: 5,576 ha).

The Group's maize harvest is well underway and is expected to be completed by the end of November.  Further updates on the harvest results for maize, soybean and sunflower will be made when all data is confirmed and verified. 

Vitaliy Skotsyk, Landkom's CEO said:

"This is a very sound start to our 2011/12 planting plan and all of the crops were planted in the optimum planting window. We are pleased with our maize harvest to date and will provide an update on this and other crops shortly.

For further information:

Landkom International Plc  (www.landkominternational.com)


 

Vitaliy Skotsyk, Chief Executive

+380 50352 5029

John Mapplebeck, Finance Director

+44 (0)20 7726 2690

Liberum Capital

Simon Atkinson/Tim Graham

+44 (0)20 3100 2000

College Hill 

Adrian Duffield/Rozi Morris

+44 (0)20 7457 2020


16 November 2011