News Release Right

Oct. 24, 2007

Contact:

Bruce Blakeman, Singapore, (65) 6393-8400, bruce_blakeman@cargill.com

Bill Brady, Minneapolis, (1) 952-742-6608, bill_brady@cargill.com


Cargill to convert waste to energy on Indonesian Cattle Feed Lot

SINGAPORE – Cargill today announced the start of construction of an anaerobic digester on PT Santosa Agrido’s Lampung Bekri 23,000-cattle feedlot operation in Lampung / Sumatera, Indonesia. Every year, the digester will capture and convert cattle effluent from the feedlot into 900 tonnes of methane gas that will be used to generate energy for the feedlot. The project will also reduce the greenhouse gas equivalent of 188,000 tones of carbon dioxide going into the atmosphere over 10-years. Co-products from the process and digested solids will be used as organic fertilizer for growing corn for their cattle feed. The technology, which is being managed and funded by Cargill’s Environmental Finance group, will generate carbon credits that can be traded on global climate exchanges.

“We are excited to be working with Cargill to develop this innovative means of manure waste management,” said Samuel Wibisono, PT Santosa Agrindo’s President Director- Beef Division. “The digester will substantially reduce odors while creating a renewable energy source to help us reduce our overall operating costs. By entering into this agreement, Cargill has taken the responsibility to develop, fund and implement the project, including managing of all permitting and registration issues. That allows us to concentrate on what we’re here for, which is to reinforce our position as the largest cattle feed lot business in the region.”

This digester, a UNFCCC registered project, is currently under construction and is scheduled to be fully operational by February 2008.

“PT Santosa Agrindo should be congratulated for its proactive approach to environmental stewardship,” said Cargill Environmental Finance Asia General Manager Michael Loefler. “This project goes far beyond what regulations require by law and demonstrates PT Santosa Agrido’s commitment for responsible feedlot management. It sets a new standard for the cattle industry in South East Asia and elsewhere.”

Cargill is an international provider of food, agricultural and risk management products and services. With 158,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit http://www.cargill.com.

Cargill Environmental Finance, a Cargill business, helps to originate, develop and market emission reductions and renewable energy projects around the world, utilizing in-house expertise as well as partnerships with world class organizations and locally qualified contractors to provide the best advisory, design and engineering. For information, visit www.cargillcarbon.com.

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