Company Profile For GrainCorp Limited

GrainCorp Limited is an Australia-based company. The principal activities of the Company include receival, handling and storage of grain and other bulk commodities for users and growers; and as an agent for marketing organizations; handling of export grains and other bulk commodities; marketing of grain, meals and other bulk commodities and the operation of grain pools; road and rail transport services for bulk commodities; provision of farm input product, and flour milling and mixing services. The Company operates in four business segments: storage and logistics, trading, ports, and other. The Company’s subsidiaries include ABN 99 059 347 349 Pty Ltd, Grainco Australia Pty Limited, GrainCorp Warehouse Cashflow Pty Ltd and GrainCorp AG Finance Limited. On November 13, 2009, the Company completed the acquisition of United Malt Holdings Group [Canada Malting Company (Canada), Great Western Malting (USA), Bairds Malt (UK), and Barrett Burston Malting (Australia)].

BRIEF: For the six months ended 31 March 2009, GrainCorp Limited's revenues increased 11% to A$899M. Net income totaled A$32.3M, vs. a loss of A$6.5M. Revenues reflects an increase in income from Storage & Logistics & Ports segments and an increase in other income. Net income also reflects lower finance costs and improved gross & operating margin. GrainCorp Limited is engaged in the provision of services primarily to the grain industry.