Source: Agrium Inc.

Agrium Inc. announced that a definitive agreement has been reached with Cargill, Incorporated where Cargill has agreed to acquire a majority of the commodity management businesses of AWB Limited ("AWB"). The purchase price to be paid by Cargill will be the net asset value of the acquired businesses as at the completion date of the transaction plus a premium. The purchase price will be payable in cash and by Cargill assuming AWB's consolidated indebtedness related to the acquired businesses. The sale to cargil is expected to be completed in the first half of 2011. 

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