Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

31.05.2006

AGRANA, the leading sugar and starch producer in Central and Eastern
Europe, is expanding its activities towards the Western Balkans.
AGRANA will establish a raw sugar refinery in Brcko jointly with the
Bosnian-Austrian company  SCO Studen & CO Holding/Vienna as 50%
partner. Capital expenditure for this project will amount to about
EUR 30 million, and the refinery will have a capacity of some 150,000
tonnes of sugar p.a.

end of announcement                               euro adhoc 31.05.2006 07:30:00

Further inquiry note:

AGRANA Beteiligungs-AG
Doris Schober
Investor Relations/Corporate Communications
Tel.: +43-1-211 37-12084
e-mail:investor.relations@agrana.at

Branche: Food
ISIN: AT0000603709
WKN: 779535
Index: ATX Prime, WBI
Börsen: Wiener Börse AG / official market