Mriya Agro Holding / Key word(s): Liquidity Problem
19.09.2014 15:56

Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE SECURITIES. ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE THE RE-TRANSMITTAL TO BENEFICIAL OWNERS OF THE SECURITIES IN A TIMELY MANNER. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, IF ANY, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000 (IF THEY ARE IN THE UNITED KINGDOM) OR ANOTHER APPROPRIATELY AUTHORISED INDEPENDENT FINANCIAL ADVISER AND TAKE SUCH OTHER ADVICE FROM THEIR OWN PROFESSIONAL, TAX AND LEGAL ADVISERS AS THEY DEEM NECESSARY IMMEDIATELY.
NOTICE TO NOTEHOLDERS

MRIYA AGRO HOLDING PUBLIC LIMITED

U.S.$400,000,000 9.45 PER CENT. NOTES DUE 2018

ISINs: XS0916902256 / US62476KAB61

U.S.$250,000,000 10.95 PER CENT. NOTES DUE 2016

ISINs: XS0559140875 / US62476KAA88

19 SEPTEMBER 2014

Reference is made to the notices to Noteholders dated 1 and 13 August 2014 and 12 September 2014 (the "Previous Notices") in which the Issuer provided to Noteholders certain information concerning the financial condition of Mriya Agro Holding Public Limited (the "Issuer" or "Mriya") and its subsidiaries (the "Group"). This is an update to the Previous Notices. Capitalised terms used and not defined in this notice shall have the meanings set out in the Previous Notices.

Financial update and engagement of Deloitte

The Group is preparing a financial model and developing assumptions underlying the financial projections covering its core agricultural business as well as the sugar business, logistics and tractor dealership. We expect to be in a position to share with Noteholders and other lenders certain information arising from the finalised model around the middle of October 2014. The model will reflect the Group's view on its projected financial performance and projected cash flows in the medium term and is expected to be the basis of consensual debt restructuring discussions with lenders. The scope of work for which The Blackstone Group International Partners LLP had been engaged as financial adviser (as referred to in the Previous Notice dated 1 August 2014) has now been completed and the Group has engaged Deloitte as independent consultant to assist its management in preparing the model as well as the underlying assumptions.
At the request of our lending banks, we have also engaged SGS to conduct an independent review of our assets.

Queries may be addressed to: ir@mriya.ua
This notice is given by MRIYA AGRO HOLDING PUBLIC LIMITED, as Issuer

19.09.2014 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Mriya Agro Holding
19/21a Bogdana Khmelnytskogo St., 15th floor               01030 Kyiv
              Ukraine
Phone:        +38 044 393-47-93
Fax:          +38 044 393-47-93
E-mail:       info@mriya.ua
Internet:     www.mriya.ua
ISIN:         US62476F2002
Listed: Frankfurt in Open Market (Entry Standard) ; London  
End of Announcement EquityStory.RS, LLC News-Service  

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