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Black Earth Farming Ltd

December 28, 2007


Black Earth Farming is the largest company listed on First North with a market value close to 6 billion SEK.

Black Earth Farming Ltd is a leading farming and land owning company operating in Russia. It acquires, owns and cultivates agricultural land assets primarily in the fertile Black Earth region in southwest Russia.

The Black Earth Region is endowed with what perhaps is the world's most fertile soil. Black Earth Farming was among the first foreign financed companies to makesubstantial investments in Russian agricultural land assets to exploit the large
untapped potential. Because of its early establishment, Black Earth Farming has now gained a strong market position in several Russian regions, richly endowed with black earth soil. You can find more information about Black Earth Farming here

A round lot of Swedish depository receipts in Black Earth Farming Ltd, whose short name will be BEF SDB, amounts to 100, and it belongs to the Consumer Staples sector . To Black Earths share information

Michael Orlov, founder of Black Earth Farming, is welcomed to First North by Christina Ploom, OMX.
Michael Orlov togehter with Per Brilioth, Chairman of the board wait for the first closed deal in Black Earth Farming's share. The first closed deal in the Black Earth Farming's share was executed at SEK 51.
Signing the guestbook.
Important information

First North is an alternative market, operated by the different exchanges within OMX. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.

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