GIC Announces Successful Completion of Brazil Acquisition>
 The GIC Group, an agribusiness consulting and investment company, announced today that ITOCHU Corporation completed its acquisition of 51% of Eximcoop, Brazil.  Eximcoop is Brazil's third largest commodity trading company.  Its original shareholders, all grower cooperatives, will continue to hold 49% of the equity in the company.

As investment manager for the transaction, GIC's President, Rick Gilmore, said, "This is an ideal transaction for all parties concerned.  The unique structure of the company, its access to supply throughout the country, and Brazil's recent currency devaluation all point to a highly profitable venture."

Gilmore went on to note that "we are proud to have identified Eximcoop as an ideal acquisition for ITOCHU and to have served as investment manager for the entire transaction."