NEW YORK, July 25 /CNW/ - On July 25, 2008, MHR Capital Partners Master
Account LP, MHR Capital Partners (100) LP and MHR Institutional Partners III
LP acquired beneficial ownership of 1,000,000 common shares ("Common Shares")
at CDN $11.45 per Common Share in the capital of Viterra Inc. ("Viterra")
(trading symbol "VT" on the Toronto Stock Exchange ("TSX")) through the
facilities of the TSX, representing approximately 0.42% of the issued and
outstanding Common Shares. As a result, investment funds affiliated with MHR
Fund Management LLC ("MHR") collectively hold 24,700,000 Common Shares,
representing approximately 10.42% of the issued and outstanding Common Shares.
MHR effected the acquisition of the Common Shares for investment purposes.
For further information:
For further information: or to obtain a copy of the report required
pursuant to the early warning reporting requirements, please contact: MHR Fund
Management LLC, 40 West 57th Street, 24th Floor, New York, New York 10019,
USA, Attention: Arlene Mizrahi, Phone: (212) 262-0005