euro adhoc: AGRANA Beteiligungs-AG / Strategic management decisions / Hungary to
return 50% of its sugar quota to the restructuring fund - AGRANA concentrates
its sugar production at one refinery

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20.11.2007

In the course of the latest reform of the EU sugar market regime, talks are
currently taking place in Hungary between sugar beet growers, the Ministry of
Agriculture and the sugar industry, with the goal of returning 50% of Hungary´s
sugar quota to the restructuring fund. This step, and the associated
compensation payments to farmers, is aimed at safeguarding the sugar beet supply
for the remainder of the Hungarian quota.

This move would result in a pro rata reduction in the sugar quota held by both
the Nordzucker subsidiary Mátra Cukor Zrt., and the AGRANA subsidiary Magyar
Cukor Zrt. Given that the remaining volume of sugar available to AGRANA is no
longer sufficient for the economical utilisation of two refineries, AGRANA
intends, subject to the appropriate board resolutions, to concentrate its
Hungarian refining activities at the Kaposvár facility in order to make
production as efficient as possible.  

A redundancy scheme is being worked out for around 140 employees affected by the
restructuring of the second Magyar Cukor refinery at Petöhaza. 

This press release is available in both German and English at www.agrana.com.

Further inquiry note:
AGRANA Beteiligungs-AG
Doris Schober
Investor Relations/Corporate Communications
Phone: +43-1-211 37-12084
e-mail:investor.relations@agrana.at

emitter:      AGRANA Beteiligungs-AG
              Donau-City-Straße 9
              A-1220 Wien
phone:        +43-1-21137-0
FAX:          +43-1-21137-12045
mail:         info.ab@agrana.com
WWW:          www.agrana.com
sector:       Food
ISIN:         AT0000603709
indexes:      ATX Prime, WBI
stockmarkets: Präsenzhandel: Börse Berlin, Börse Stuttgart, Börse Frankfurt,
              official market: Wiener Börse AG 
language:     English