ADM Reaches Agreement to Sell Bolivian Oilseeds Operations

CHICAGO–(BUSINESS WIRE)–Archer Daniels Midland Company (NYSE: ADM) announced today that it has
reached an agreement to sell its oilseeds operations in Bolivia to
Inversiones Piuranas S.A. The sale encompasses ADM’s processing facility
in Santa Cruz de la Sierra, as well as nine grain silos and ADM’s
Bolivian distribution business.

“We regularly review our portfolio, and the sale of our Bolivian
Oilseeds operations is part of our long-term growth and transformation
strategy,” said Greg Morris, president of ADM’s Oilseeds Processing
business unit.

ADM’s oilseeds operations in Bolivia process soybeans and sunflower into
oils and protein meal. ADM has approximately 400 employees in Bolivia.

The transaction, which is subject to regulatory approvals, is expected
to close in the first half of 2018; until then, ADM will continue to
operate its oilseeds business in Bolivia.

Forward-Looking Statements

Some of the above statements constitute forward-looking statements.
ADM’s filings with the SEC provide detailed information on such
statements and risks, and should be consulted along with this release.
To the extent permitted under applicable law, ADM assumes no obligation
to update any forward-looking statements.

About ADM

For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we’re one of the world’s largest
agricultural processors and food ingredient providers, with
approximately 32,000 employees serving customers in more than 160
countries. With a global value chain that includes approximately 500
crop procurement locations, 250 ingredient manufacturing facilities, 38
innovation centers and the world’s premier crop transportation network,
we connect the harvest to the home, making products for food, animal
feed, industrial and energy uses. Learn more at www.adm.com.

Contacts

Archer Daniels Midland Company
Media Relations
Jackie
Anderson
[email protected]
312-634-8484