SIPEF

Delisting Announcement • Sep 30, 2011

Regulated information

Continuation till 30 November 2011 of the buy-back offer of the shares of Jabelmalux S.A.

Following the closing of the voluntary public offer of SIPEF dated 29 April 2011 and in accordance with the decision taken by the board of directors of Jabelmalux S.A. on 10 May 2011, the Luxemburg Stock Exchange accepted the request to withdraw the quotation of the shares of Jabelmalux S.A. as of 27 June 2011, under condition of a continuation of the buy-back offer up to 30 September 2011.

SIPEF commits itself at least until 30 November 2011 to continue the buy-back offer of the shares from the remaining shareholders, on a voluntary basis and at a price of 2 250 EUR.

Schoten, 30 September 2011.

For more information, please contact:

* F. Van Hoydonck, managing director (mobile +32/478.92.92.82)

* J. Nelis, chief financial officer

Tel.: 0032/3.641.97.00 Fax : 0032/3.646.57.05

mail to : finance@sipef.com website www.sipef.com (section "investor relations")

SIPEF is a Belgian agro-industrial company listed on NYSE Euronext Brussels. The company mainly holds majority stakes in tropical businesses, which it manages and operates. The group is geographically diversified, and produces a number of different commodities, principally palm oil. Its investments are largely ventures in developing countries.