Mr. Steve Sommerfeld reports

AGI APPOINTS TIM CLOSE TO POSITION OF PRESIDENT

Ag Growth International Inc. is appointing Tim Close to the position of president, effective immediately. Mr. Close has been with AGI since 2012, most recently as senior vice-president of strategic development. He has played an integral role in the pending acquisition of Westeel and the acquisition of Rem Grain Vac, and is taking the lead strategic role in the company's organic growth initiative in Brazil. As a member of AGI's executive leadership team, Mr. Close has played an active role in strategy development throughout AGI's organization. As president, he will be responsible for overall operational performance. The company expects this structure will afford Mr. Close an opportunity to have a more broadly based impact on business performance and future development. Prior to joining AGI, Mr. Close was a senior vice-president at Macquarie Capital, a global investment bank, for nine years. Prior to that, he was with GE Capital for five years in a corporate finance role. Mr. Close received his business administration degree from Wilfrid Laurier University with honours in 1997 and completed the Chartered Financial Analyst program in 2002.