Stone Asset Management Limited Announces Alternative Investment Strategy

TORONTO, ONTARIO--(Marketwire - Sept. 13, 2012) - Stone Asset Management Limited ("SAM"), the Manager of the Stone Agribusiness Fund (TSX:HAY) announced today that on or about October 16, 2012, the Stone Agribusiness Fund plans to introduce an alternative investment strategy relating to its exposure to agricultural commodities. The Stone Agribusiness Fund currently achieves its exposure to agricultural commodities through its investment in the Price Agricultural Fund L.P. (the "RICI®‐A Fund"), an investment vehicle that was designed to replicate the performance of the Rogers International Agriculture Commodity Index. Prior to October 31, 2011, the initial clearing broker for the RICI®‐A Fund was MF Global Inc. and a minimal portion of the cash of the RICI®‐A Fund held at MF Global, as previously disclosed, remains unrecovered. A trustee has been appointed to oversee the recovery of MF Global's client deposits. As a result, SAM identified alternative investment strategies to maintain exposure to agricultural commodities and limit counterparty risk.

The investment strategy being introduced involves investments in or based on exchange‐listed securities designed to replicate the Rogers International Agriculture Commodity Index with comparable or reduced tracking error. It is expected that the costs to execute this investment strategy will not be more than those associated with the operation of the RICI®‐A Fund. The Stone Agribusiness Fund will continue to achieve its investment objective of providing exposure to agricultural commodities that comprise the Rogers International Agriculture Commodity Index together with investments in equity securities in the agricultural sector. SAM intends to reduce the Fund's exposure to the RICI®‐A Fund within the next six months. This change is being made pursuant to the terms of the Declaration of Trust of the Stone Agribusiness Fund.

The Stone Agribusiness Fund is a TSX‐listed closed‐end fund whose investment objective is to provide investors with long‐term capital appreciation through an actively managed, diversified portfolio of publicly listed securities of issuers that provide exposure to the agriculture sector and exposure to agriculture commodities.

In addition to the Stone Agribusiness Fund, SAM manages a family of open‐ended mutual funds and a series of flow‐through limited partnerships. SAM specializes in structuring and managing high quality investment products and currently has approximately $700 million in assets under management.