Investor FAQs

1 . When did AgFeed begin its operations?
AgFeed Industries, Inc., a US Nevada company, operates through its wholly owned subsidiaries in China. Our China subsidiaries were founded in 1995 by five original founders who are still our current senior management as well as our largest shareholders. All of our senior managers/founders have advanced degrees in animal science or veterinary science in addition to MBA / EMBA degrees obtained from top universities in China.

2. Who is AgFeed's financial advisor / investment banker?
AgFeed's financial advisor / investment banker is Deutsche Bank, New York.

3 . Who are AgFeed's Board Members and Advisors?
AgFeed's Board of Directors consists of 5 members. The majority of our members are independent board members. Their names and bios are as follows.
  Mr. Songyan Li, PhD, Chairman of the Board
  Mr. Junhong Xiong, MBA, Vice Chairman & CEO
  Mr. Arnold Staloff, Chairman of Audit Committee - Independent Board Member
  Mr. Fredric Rittereiser, Independent Board Member
  Lixiang Zhang, Ph.D., Independent Board Member
Advisors:
  Mr. Robert Rittereiser - Chairman of Advisory Board
  Professor Bud Harmon - Technical advisor
  Edward McMillan - M&A Advisor

4. When is AgFeed's fiscal year-end and is the Company current in SEC filings?
Our fiscal yearend is December 31. AgFeed files quarterly and annual reports with the SEC. The company is in good standing in SEC filings.

5. How many shares are outstanding for AgFeed?
As of September 2008, AgFeed had approximately 33,300,000 shares of common stock issued and outstanding. We do not have any other classes of stock.

6. What are AgFeed's recent financing activities?
AgFeed's financial advisor is Deutsche Bank. In March 2008, AgFeed completed $41 million in equity financing (common stock sold at $9/share) and debt financing (convertible debt at $10/share) participated by the affiliates of Apollo Management and Deutsche Bank; In April 2008, AgFeed completed a total of $35.2 million in additional equity financing participated by UBS and other institutional funds (common stock sold at $16/share for $10 million; and common stock sold at $19.05/share for $25.2 million).

7. How many employees does AgFeed have?
As of September 2008, we had approximately 1,600 employees.

8 . Who is AgFeed's independent auditor?
Goldman & Parks LLP, California.
A PCAOB (Public Company Accounting Oversight Board) registered member firm in the United States.

9. Who is AgFeed's legal counsel?
Buchanan Ingersoll & Rooney PC. (www.bipc.com). Founded in 1850, Buchan Ingersoll is one of the oldest and largest law firms in the United States. Contact: William Uchimoto, Esq., (http://www.bipc.com/professionals.php?PeopleID=669, a corporate finance and securities compliance expert, Mr. Uchimoto is the former attorney of Market Regulation at the SEC, and the former General Counsel of the Philadelphia Stock Exchange.

10. How to obtain a copy of AgFeed's most recent quarterly and annual reports?
Please visit the website of the US Securities & Exchange Commission, by clicking here.

11. How to obtain additional information, including press releases from AgFeed?
Complete company news releases are available on this website.