4th August, 2011

The Manager

Company Announcements

Australian Securities Exchange – ASX Limited

Exchange Centre

Level 6, 20 Bridge Street

Sydney NSW 2000

Via E-Lodgement

Dear Sir / Madam,

PrimeAg Australia Limited

PrimeAg Australia Limited (PAG) has been advised that Australian Food & Fibre Limited has withdrawn its

20 July 2011 requisition for the convening of a general meeting (and consideration of the six proposed resolutions to change the board of PAG) under s249D (1) of the Corporations Act 2001.

Accordingly, PAG will not be convening the general meeting at which the resolutions were to be considered.

Samantha Macansh

Company Secretary

P r i m e A g A u s t r a l i a L i m i t e d ACN 127 984 123

T E L E P H O N E : 6 1 7 4 6 8 8 4 5 8 8 F A C S I M I L E : 6 1 7 4 6 1 3 0 2 3 0

S T R E E T A D D R E S S : 78 W E S T S T T O O W O O M B A Q L D 4 3 5 0

P O S T A L A D D R E S S P O B O X 1 3 1 2 , T O O W O O M B A B U S I N E S S C E N T R E Q L D 4 3 5 0