Grain News

Alliance Grain Traders Subsidiary Acquires Tradewind Commodities Ltd. for $2.9 Million

Date Posted: August 28, 2008

Toronto—Alliance Grain Traders Income Fund (the "Fund") (TSX-V:AGT.UN) is pleased to announce that its operating company Alliance Pulse Processors Inc. ("Alliance") has completed the acquisition of Tradewind Commodities Ltd. ("Tradewind"), a pulse and special crops processor located in Milestone, Saskatchewan.

Alliance acquired the land, buildings and equipment assets of Tradewind for $2,900,000 paid in cash.

The transaction was negotiated at arm's length.

The existing management of Tradewind will continue to manage the day-to-day operations under the trade name Saskcan Milestone on behalf of Alliance.

For more information, call 306-525-4490.

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