Dairy farmer cooperative, Livestock Improvement (LIC) today confirmed receipt
of $5 million from Agria, together with all interest owed up to and including
19 December 2012.
As defined in the Deed of Amendment of 28 October, the balance of the loan,
of $5 million, together with all interest which applies between now and then,
will be repaid on 5 March 2014.
For further information contact
Clare Bayly, LIC Communications Manager, Phone 0274 998862 cbayly@lic.co.nz.
End CA:00231369 For:LIC Type:GENERAL Time:2012-12-19 13:15:10