Deal #1063 Version #50936

Adeco Agropecuaria S.A. operates as a subsidiary of Adecoagro S.A. The company is based in Martínez, Argentina. Adecoagro is controled by the Soros Fund Management (fundator) (and by U.S. hedge fund HBK Investments). It is Soros Fund Management's largest holding as of 6/30/2011. The purchase of Pecom Agropecuaria SA was Adecoagro's birth act. The holding expanded very rapidly purchasing farms and plants in Uruguay, Brazil and Argentine, alone or with asociates. In 2011, Adecoagro owns over 283 thousand hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 1 million tons of agricultural products including corn, wheat, soybeans, rice, dairy products, sugar, ethanol and electricity among others. In 2011, the company subscribes to Nasdaq and purchases a new 4960 ha farm in the argentinan province of Santiago del Estero. Adecoagro is located in Luxembourg for fiscality and in Buenos Aires for management. Among its shareholders appear: Pampas Humedas LLC, a Soros Fund Management LLC's fund (major shareholder with 22,8% in 2011) and Qatar Holding LLC (a "sovereign fund").