March 4, 2014

Viterra acquires assets of Lethbridge Inland Terminal Ltd.

                                                                                                           

Viterra Inc. ("Viterra"), Canada's grain industry leader, has completed its acquisition of certain assets of Lethbridge Inland Terminal Ltd. (LIT), including a high throughput grain elevator with a capacity of 42,000 tonnes.

The agreement was originally announced in a news release on December 28, 2013, and has received all pertinent shareholder and regulatory approvals.

Kyle Jeworski, Viterra's president and CEO for North America said, "We are excited to integrate this high quality terminal into our operations, and welcome its employees to the Viterra team. Together, we look forward to providing area customers with trusted advice and tailored service, backed by Viterra's expansive asset network and connections to world markets."

Headquartered in Regina, Saskatchewan, Viterra has invested heavily in western Canada's grain handling system. Over the last several years, the company has proactively made a series of infrastructure investments in its asset network to promote the efficient movement of agricultural commodities. Most recently in Alberta, Viterra announced it is spending over CAD34 million (US$30.77 million) through an expansion and upgrade to its facility in Grassy Lake, as well as building a high throughput terminal in Grimshaw.

Viterra is part of the agricultural business segment of Glencore, handling, processing, distributing and transporting grains and oilseeds in North America.