Fourth quarter trading update and preliminary 2009 results

Amsterdam Commodities (Acomo) reports that the performance of the group in the last quarter 2009 continued positively and in line with the profitable trend reported before. 2009 trading ended on a very strongly.

Following an unprecedented fall in commodity prices between August 2008 and March 2009, we saw a strong recovery in the second half of 2009 and the prices of many commodities are again near their peak levels. The movements in the market created excellent trading opportunities for companies like Acomo and its subsidiaries.

On the basis of the trading results for the fourth quarter 2009, we confirm that 2009 was again a very good year for the group. All activities were profitable. Notwithstanding a slight decrease in turnover, we anticipate the consolidated net profit to exceed the € 10 million mark (2008: € 8,7 miilion), making it a record year for the Acomo Group.

The final consolidated figures for 2009 will be announced on 16 April and the annual accounts will be published on our website on 29 April. The Annual Shareholders Meeting will take place on 27 May 2010 in Rotterdam.

Supervisory Board and Management