GRAINCORP LIMITED — M&A Activity 2011

Oct 4, 2011

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Company announcement

GrainCorp Limited ABN 60 057 186 035

Date:

5 October 2011

To: The Manager Announcements Company announcements office

PUBLIC ANNOUNCEMENT

GRAINCORP COMPLETES PURCHASE OF GERMANMALT

GrainCorp today advised that it has completed the purchase of GermanMalt GmbH & Co. for an enterprise value of €58 million, inclusive of €18 million in inventory and working capital.

The company also advised that the name of GermanMalt has reverted to ‘Schill Malz’, being the former company name.

Over 150 years old, Schill Malz is a highly regarded supplier of a diverse range of high quality malt to local and export customers, including the growth markets in Asia and Africa.

The company has four malthouses in Worms, Mülheim/Ruhr, Sangerhausen and Clingen, with an annual production capacity of up to 190,000 tonnes.

Current joint Managing Directors, Peter Schill and Carl Otto Schill, will remain with Schill Malz, providing continuity and stability for the business.

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Betty Ivanoff General Counsel and Company Secretary

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GrainCorp Limited Level 26, 175 Liverpool Street, Sydney NSW 2000 PO Box A268, Sydney South NSW 1235 Telephone: (02) 9325 9100 Facsimile: (02) 9325 9180 www.graincorp.com.au