Talks Confirmed Between Viterra and ABB Grain

4/28/2009, 4:27 AM (Source: GlobeNewswire)
CALGARY, ALBERTA--(Marketwire - April 27, 2009) - Viterra Inc.
(Viterra) (TSX: VT) today confirmed a report that they are in
discussions regarding a possible strategic transaction with ABB Grain
Ltd. (ASX: ABB). These discussions are ongoing and the parties are
engaged in continuing negotiations and due diligence activities. No
transaction has been agreed to at this time, the current discussions
are non-binding and no assurance can be given that any agreement on a
transaction will be reached.

Viterra Inc. is Canada's leading agribusiness, with extensive
operations and distribution capabilities across Western Canada, and
with operations in the United States, Japan, Singapore and Geneva.
The Company is diversified into sales and services of crop inputs and
equipment, grain handling and marketing, livestock feed, agri-food
processing and financial products. These operations are complemented
by value-added businesses and strategic alliances, which allow
Viterra to leverage its pivotal position between Prairie farmers and
destination customers. The Company's common shares are listed on the
Toronto Stock Exchange under the symbol VT.


Contacts:
Viterra Inc.
Website: www.viterra.com


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