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Sino AG Board/Management Information 2016

Mar 7, 2016

5464_rns_2016-03-07_9fcb2687-9e77-4999-925b-641a42fc32e4.html

Board/Management Information

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Sino Agro Food CFO to Concentrate on SIAF European Business Development, Current Board Member Mr. Daniel Ritchey Becomes Acting CFO

Sino Agro Food CFO to Concentrate on SIAF European Business Development, Current Board Member Mr. Daniel Ritchey Becomes Acting CFO

Mar 1, 2016

GUANGZHOU, China, March 1, 2016 -- Sino Agro Food, Inc. or

the "Company" (OTCQX: SIAF | OSE: SIAF-ME).

Sino Agro Food, Inc. ("SIAF") announces that Mr. Bertil

Tiusanen is resigning his position of Chief Financial Officer

and assuming the role of Senior Vice President of Business

Development, New Ventures-Europe, effective February 29,

In his new capacity, Mr. Tiusanen will work to identify

opportunities consistent with SIAF's global strategy,

engaging with SIAF's global commercial leadership team,

prioritizing current and new initiatives, and managing their

launch in Europe. The aquaculture carve-out for listing in

Norway is the first priority.

Mr. Tiusanen commented on the transition. "I am thrilled

about the opportunity to accelerate SIAF's efforts to list an

aquaculture subsidiary in Norway and to explore further

European business ventures in the benefit of the Company and

its shareholders. SIAF is best served with a CFO who can

readily travel and work between the various subsidiaries in

China on an ongoing basis. It is virtually impossible for

someone to serve that role effectively along with the demands

of this new position at the same time."

In the interim, Mr. Daniel Ritchey, a member of the SIAF

Board of Directors and currently its Audit Committee has been

offered and has accepted the position as acting CFO. Upon his

appointment as acting CFO, Mr. Ritchey will resign as a

member of the Audit Committee.

Mr. Ritchey's work on behalf of the Company since its

inception will provide for a seamless transition with Company

plans moving forward.

The Board will appoint a search committee to permanently fill

the CFO position.

Mr. Solomon Lee, Chairman and CEO commented, "Our success is

furthered by remaining flexible and utilizing our resources

to best meet dynamic conditions and ambitions. This includes

realigning the role and responsibility of individuals best

suited to carry them forward.

Mr. Tiusanen is highly qualified to handle the challenges his

new position brings and to help accomplish the Company's

goals in Europe.

Mr. Ritchey will serve well as acting CFO bringing to it the

same strengths and focus he has provided the Company over the

last eight years.

I am very confident in the work these individuals will

provide their respective roles as we continue to develop our

operations and move forward with our expansion."

About Sino Agro Food, Inc.

Sino Agro Food develops and operates protein food production

facilities in the People's Republic of China. The Company

produces, distributes, markets, and sells sustainable seafood

and beef to the rapidly growing middle class in China.

Activities also include production of organic fertilizer and

produce. The Company is a global leader in developing land

based recirculating aquaculture systems ("RAS"), and with its

partners is the world's largest producer of sustainable RAS

prawns.

Founded in 2006 and headquartered in Guangzhou, the Company

had over 550 employees and revenue of $404M in 2014.

Operations are located in the provinces of Guangdong,

Qinghai, Hunan, and Shanghai. Sino Agro Food is a public

company listed on OTCQX U.S. Premier in the United States and

on the Oslo Børs' Merkur Market in Norway.

News and information are published on the Company website

(www.sinoagrofood.com), the Company's Facebook page

(www.facebook.com/SinoAgroFoodInc), and on Twitter

@SinoAgroFood.

Forward Looking Statements

This release may contain forward-looking statements relating

to the business of SIAF and its subsidiary companies. All

statements other than historical facts are forward-looking

statements, which can be identified by the use of forward-

looking terminology such as "believes," "expects" or similar

expressions. These statements involve risks and uncertainties

that may cause actual results to differ materially from those

anticipated, believed, estimated or expected. These risks and

uncertainties are described in detail in our filings with the

Securities and Exchange Commission. Forward-looking

statements are based on SIAF's current expectations and

beliefs concerning future developments and their potential

effects on SIAF. There is no assurance that future

developments affecting SIAF will be those anticipated by

SIAF. SIAF undertakes no obligation to publicly update or

revise any forward-looking statements, whether as a result of

new information, future events or otherwise, except as

required under applicable securities laws.

No Offer of Securities

None of the information featured in this press release

constitutes an offer or solicitation to purchase or to sell

any securities of Sino Agro Food, Inc.

SOURCE Sino Agro Food, Inc.

For further information: Peter Grossman, Investor Relations,

+1 (775) 901-0344, [email protected], Erik Ahl, Nordic

Countries, +46 (0) 760 495 885, [email protected]