Bunge Vietnam, the wholly owned subsidiary of Bunge Limited (NYSE:BG), announced today it has commenced construction within the Phu My Port complex of a $100 million integrated soybean processing plant – the first of its kind in Vietnam. When fully completed, the facility will have soybean crushing and multi-oil refining/bottling capabilities. The first phase of the two-part project includes assembling a 3000-tons-per-day crushing line with related flat and vertical storage for raw materials and end products. These operations are scheduled to begin production in early 2011.

 

PAID ADVERTISEMENT "Vietnam remains one of Bunge's best growth opportunities. Evolving our successful existing business from a product import to a domestic processing model will allow us to
leverage our leading industry positions and global supply chain to bring our customers and the Vietnamese consumer added value in product quality, supply dependability and
cost," stated Christopher White, CEO, Bunge Asia. "Operating locally also provides us the opportunity to bring significant employment and world-class manufacturing, safety
and environmental management standards to the Vietnamese communities that have welcomed us so graciously. We will also be working closely with the government and
with farmer constituencies to help develop the country's own oilseed production potential."

 

The new plant will be located on ten hectares within the Phu My 1 Industrial zone in the Tan Thanh district, approximately 70 kilometers southeast of Ho Chi Minh City on the
Thi Vai River. The site is adjacent to the Phu My Port in which Bunge shares ownership. The rapidly developing area houses significant feedmilling and oil refining operations
that form the foundation of the plant's prospective customer base. Despite the global economic slowdown, Vietnam's demand for vegetable oil for consumers and protein for livestock has continued to grow at double digit annual rates.

 

"The plant's location and its timing are optimal," noted Horst Guenther, Bunge Asia's Commercial Director for Southeast Asia Distribution. "Our ability to discharge
agricultural commodities and distribute soybean meal efficiently and economically throughout Vietnam is second to none, thanks to our Baria Serece (Port) and Quang Dung
(Distribution) partners. We are working hard now to configure an equally effective oil distribution strategy and further develop our remote meal distribution network in the
North, Central and Mekong Delta regions so that the plant will run full out from the first day it starts.”

 

About Bunge Limited
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company founded in 1818 and headquartered in White Plains, New York. Bunge's over
25,000 employees in over 30 countries enhance lives by improving the global agribusiness and food production chain. The company supplies fertilizer to farmers in
South America, originates, transports and processes oilseeds, grains and other agricultural commodities worldwide, produces food products for commercial customers and
consumers and supplies raw materials and services to the biofuels industry.

 

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This press release contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forwardlooking
statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements are not based on historical facts, but rather reflect our current expectations and projections about our future results, performance, prospects and
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"intend," "estimate," "continue" and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and other factors that could
cause our actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. The following
important factors, among others, could affect our business and financial performance: industry conditions, including fluctuations in supply, demand and prices for agricultural commodities and other raw materials and products used in our business, fluctuations in energy and freight costs and competitive developments in our industries; the effects of
weather conditions and the outbreak of crop and animal disease on our business; global and regional agricultural, economic, financial and commodities market, political, social
and health conditions; the outcome of pending regulatory and legal proceedings; our ability to complete, integrate and benefit from acquisitions, dispositions, joint ventures
and strategic alliances; changes in government policies, laws and regulations affecting our business, including agricultural and trade policies, tax regulations and biofuels
legislation; and other factors affecting our business generally. The forward-looking statements included in this release are made only as of the date of this release, and except
as otherwise required by federal securities law, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or
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