SIPEF

Transaction in Own Shares • Oct 6, 2011

Press release Regulated information

SIPEF REPORTS ON THE PROGRESS OF THE SHARE BUY-BACK PROGRAM

Further to the initiation of the share buy-back program announced on 22 September 2011, SIPEF reports the purchase of 10 446 shares on NYSE Euronext Brussels in the period 29 September – 5 October 2011.

Date	Number of	Average	Total
	shares	price (EUR)	amount (EUR)
29-09-11	6 476	57.92	375 089.92
30-09-11	650	57.83	37 589.50
03-10-11	354	56.50	20 001.00
04-10-11	1 216	55.02	66 904.32
05-10-11	1 750	55.40	96 950.00
	10 446	57.11	596 534.74

Since the start of the share buy-back program on 22 September 2011, SIPEF has bought back 10 446 shares for a total amount of 596 534.74 EUR. This corresponds to 0.1167% of the total shares outstanding.

The overview relating to the share buy-back program is available on: http://www.sipef.be/buyback.html

Schoten, 6 October 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.