Mr. Murad Al-Katib reports

ALLIANCE GRAIN TRADERS INC. ANNOUNCES NAME CHANGE TO AGT FOOD AND INGREDIENTS INC.

Alliance Grain Traders Inc.'s planned name change from Alliance Grain Traders to AGT Food and Ingredients Inc. is now complete. The name change resolution was approved by shareholders at AGT's 2014 annual and special meeting held on June 19, 2014.

"AGT's name change is a significant event for our company. We feel our new name better reflects our business focus and strategy and makes this focus clear to our shareholders, our customers, our stakeholders and to food markets globally. We have embarked on a path towards food ingredients and retail packaged foods through our recent investments and expansions, complementing our legacy business in pulses and staple foods processing, exporting and merchandising. Along with our Minot facility, our announced partnerships with both Ingredion and Cargill are important components that signalled a need to create a new name for AGT as we continue our movement up the value chain from being a commodity processor and exporter to a food ingredient producer and supplier. Our rebranding initiative will ensure that customers all over the globe, both current and new, will recognize AGT Food and Ingredients Inc. as a quality producer and supplier of not only pulses and staple foods, but also pulse ingredient flours, proteins, starches and fibres for human food, branded feed, pet food and aquaculture markets," said Murad Al-Katib, president and chief executive officer of AGT.

"As a company and as a management team, we have always been confident in our ability to leverage our global strengths and build our new lines of business, which we expect to be a catalyst that transforms our company from a commodity shipper to a food and food ingredient company, creating future opportunities and generating increased value to our shareholders. Our new company name reflects this focus, and we are excited about the opportunities ahead of us," said Huseyin Arslan, executive chairman of the AGT board of directors.

The Toronto Stock Exchange has informed AGT that the common shares of AGT will commence trading under the new name two or three business days following the date of this announcement. AGT will retain the TSX trading symbol, AGT, for its common shares.

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