BIOPETROL: Company Update

Baar, 13 December 2013: The extraordinary shareholders' meeting of BIOPETROL INDUSTRIES AG of 10 December 2013 has approved the merger between BIOPETROL INDUSTRIES AG and Glencore Biofuels AG as proposed in the invitation to the shareholders' meeting. The merger has become effective with the registration in the commercial register on 11 December 2013. As a result of the merger, BIOPETROL INDUSTRIES AG is resolved and the BIOPETROL group is fully integrated into the Glencore group. The shareholders of BIOPETROL INDUSTRIES AG will receive a cash compensation of EUR 0.11 per bearer share of BIOPETROL INDUSTRIES AG. The cash compensation will be paid to the shareholders via the banking system before the year-end against the clearance of the shares.

The BIOPETROL webpage will be updated as soon as possible to reflect the new structure.

Disclaimer
This press release represents neither an offer for sale nor a request for the submission of an offer to purchase or subscribe to securities. This announcement and the information contained therein are not intended to be directly or indirectly passed on to or within the United States of America, Canada, Australia or Japan.

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