6 September 2013
The Manager

Company Announcements Australian Securities Exchange Exchange Centre

Level 6, Bridge Street

Sydney NSW 2000

Final Distribution update

PrimeAg Australia Ltd ("PrimeAg"), (ASX:PAG) refers shareholders to the Explanatory Memorandum released to the ASX on 28 August 2013 in respect of the Scheme, the Emerald Transaction, the Emerald Distribution and the Final Distribution.
In relation to the Final Distribution, the Explanatory Memorandum made reference to the estimated range of $29.0 - $37.0 million, which represents approximately $0.11 - $0.14 per PrimeAg Share that will be paid to PrimeAg Shareholders on the Implementation Date if the Scheme Resolution and the EGM Resolutions are approved.
PrimeAg Shareholders are advised that the updated range for the Final Distribution is $35.0 - $41.0 million which represents approximately $0.13 - $0.15 per PrimeAg Share.
The increased expected range for the Final Distribution has been achieved as a result of savings achieved in estimated transaction costs and a better than expected operating performance. However, the amount of the Final Distribution will still depend on the outcome of a number of factors, which are explained in further detail in section 5 of the Explanatory Memorandum.
If the Scheme, the Emerald Transaction, the Emerald Distribution and the Final Distribution are approved by PrimeAg Shareholders and completed, the total proceeds that will be received by PrimeAg Shareholders, including the three capital returns in October 2012, April 2013 and August
2013, will be between $380.0 - $386.0 million (representing approximately $1.43 - $1.45 per
PrimeAg Share).
PrimeAg Shareholders are reminded that a copy of the Explanatory Memorandum is available at www.primeag.com.au.
The Scheme Meeting will be held at 11:00am on Friday, 4 October 2013 at Hyde Park Forum, Level
1, 271 Elizabeth Street, Sydney, NSW . The EGM will be held at 11:15am or immediately after the Scheme Meeting. Please note a change to the date and time for determining eligibility to vote at the Scheme Meeting and EGM, which will now be 7.00pm on Wednesday, 2 October 2013.
For further enquiries please contact: Peter Corish
+61 7 4688 4588.

P r i m e A g A u s t r a l i a L i m i t e d ACN 127 984 123

T E L E P H O N E : 6 1 7 4 6 8 8 4 5 8 8 F A C S I M I L E : 6 1 7 4 6 1 3 0 2 3 0

S T R E E T A D D R E S S : 78 W E S T S T T O O W O O M B A Q L D 4 3 5 0

P O S T A L A D D R E S S P O B O X 1 3 1 2 , T O O W O O M B A B U S I N E S S C E N T R E Q L D 4 3 50

distributed by