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AvangardCo

January 29, 2015

AVANGARDCO INVESTMENTS PUBLIC LIMITED Update on declaration of dividend distribution

Êyiv, Ukraine - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "AVANGARDCO IPL"), the largest producer of shell eggs and egg products in Ukraine and number one producer in Eurasia, announces its intention to call an Extraordinary General Meeting (EGM) to gain shareholder approval for the dividend distribution to minority shareholders of record on 14 October 2014 in the amount of US$6.6 mln, representing US$4.625 per ordinary share (1 share=10 GDRs). The Board proposes that the dividend payment of US$22.9 mln to its majority shareholder, UKRLANDFARMING PLC, is postponed until a later date.

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AVANGARDCO INVESTMENTS PUBLIC LIMITED UPDATE ON DECLARATION OF DIVIDEND DISTRIBUTION 
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