Cargill Completes Acquisition of Royal Nedalco

By Cargill, PRNE
Thursday, March 31, 2011

COBHAM, England, April 1, 2011 - Cargill today completed its acquisition of Royal Nedalco's
alcohol business from its parent company Royal Cosun, including its
production sites in the Netherlands and the UK. Nedalco now becomes an
integral part of Cargill's starches and sweeteners business in Europe.

Cargill and Nedalco - whose operating plants are adjacent to
each other in both the Netherlands and the UK - have been business partners
for many years. Cargill's wheat processing plants supply Nedalco with raw
materials for its alcohol production process. This acquisition is therefore a
natural extension and integration of the two companies' operations.

This deal involves Nedalco's head office in Bergen op Zoom
(The Netherlands) along with its production plants in Manchester (UK) and Sas
van Gent (The Netherlands). The two Nedalco plants produce about 1 million
hectolitres of high quality potable and industrial alcohol per annum and
employ approximately 100 people. For the Nedalco operations in Heilbronn
(Germany) the due diligence process is still ongoing. Nedalco's technology
development activities are not part of this transaction.

"We are looking forward to building on Nedalco's
market-leading position at the high end of the potable and industrial alcohol
market in Europe, by tapping into its excellent reputation and the expertise
of its employees," says Peter van Deursen, head of Cargill's starches and
sweeteners business in Europe. "In addition, Nedalco's customers will receive
access to Cargill's product offering and international services."

Nedalco's high-quality alcohol is used in multiple industrial
applications in the spirit, food, pharmaceutical, chemical and cosmetics
industries. For the spirit industry, the company's alcohol is used as a
superior ingredient. In the non spirit segment, the alcohol has a wide range
of applications, from flavours and perfumes to mouthwash, disinfectants and
printing ink.

Notes for editors:

About Cargill

Cargill is an international producer and marketer of food, agricultural,
financial and industrial products and services. Founded in 1865, the
privately held company employs 131,000 people in 66 countries.

Cargill helps customers succeed through collaboration and innovation, and
is committed to sharing its global knowledge and experience to help meet
economic, environmental and social challenges wherever it does business.

For more information, visit - - -

About Cargill's European starches and sweeteners business

Cargill's European starches and sweeteners business is headquartered in
Mechelen, Belgium and employs around 2,800 people in 13 locations across
Europe. The business sells a full range of products to customers in the food,
paper, cardboard, corrugating, pharmaceutical and animal feed sectors.

About Cosun

Royal Cosun is an international agri-industrial group firmly rooted in
the primary sector. Its businesses produce ingredients and products that make
their way to the food industry, foodservice sector and retail channels. In
addition, the group is increasingly focusing on non-food applications.

Cosun's ambition is to get the most out of its raw materials: this is
good for the environment, profitability and meets the social demand for
responsible products and production methods.

Royal Cosun was established more than 100 years ago by Dutch sugar beet
growers who united themselves in a cooperative. Today, the cooperative has
some 10,000 member/shareholders and has grown into a business with nearly
4,500 employees and a group turnover of about EUR 1.8 billion.

For more information, visit

About Royal Nedalco

Royal Nedalco is a member of the Cosun group. One of the
oldest manufacturing companies in the Netherlands, it forms an essential link
in the national agro industry. Nedalco's high quality alcohol is used in a
variety of industries, including the drinks industry, the medical sector, the
cosmetics industry and the chemical industry.

Thanks to the company's extensive and leading Research and
Development activities in yeast technology, Nedalco has been placed at the
forefront of the global second-generation fuel ethanol business.

    Gwendoline Ornigg: +32-15-458-319
    Wendy Garbutt: +44-1932-86-11-74

    Ger Bemer: +31-164-21-34-24

    Willy van Oorschot: +31-765-30-32-43

CONTACT: Cargill, Gwendoline Ornigg: +32-15-458-319, Gwendoline_Ornigg at;
Wendy Garbutt: + 44-1932-86-11-74, Wendy_Garbutt at;
Nedalco, Ger Bemer: +31-164-21-34-24, g.bemer at; Cosun, Willy van Oorschot:
+31-765-30-32-43, willy.van.oorschot at

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