2009-11-25 03:42:02 -

London, November , 25, 2009

On 24 November 2009, Camposol has executed an amendment to the USD 65
million loan agreement  with Credit Suisse,  with the following  main
agreed upon terms:


  * The interest rate increased from 9.85% to 11.85%.



  * The cost of the amendment was USD 1.0 million which includes
    Credit Suisse fees and legal fees.

*          The principal payments were reduced by USD 1 million to
  USD 5.4 million in 2009, by USD 8.1 million to USD 5.8 million in
  2010, by USD 0.1 million to USD 15.3 million in 2011, and increased
  by USD 9.2 million to USD 15.5 million plus a balloon payment of
  USD 16.0 million in 2012.

  * The new loan agreement has a mandatory prepayment clause in case
    the company generates enough free cash flow to have cash position
    over USD 5 million is 2009 and 2010, and USD 7 million in 2011
    until maturity.



  * The new financial covenants levels are:

       * Maximum Capex: 50% of prior year EBITDA or USD 4 million,
         whichever is greater.
       * Maximum Total Debt: shall not exceed in 4Q09 USD 74.0
         million; 1Q10 USD 73.0 million; 2Q10 USD 71.0 million; 3Q10
         USD 70.0 million; 4Q10 USD 70 million; thereafter USD 67.0
         million; provided further that upon any mandatory prepayment
         the levels of this covenant will be reduced by such
         prepayment.
       * LTM EBITDA/LTM interest expense shall be lower than: 4Q09
         1.30x; 1Q10 1.30x; 2Q10 2.00x; 3Q10 2.50x; 4Q10 2.75x;
         thereafter 3.00x
       * Total Debt/LTM EBITDA shall not exceed 6.50x in 4Q09, 5.75x
         in 1Q10, 4.50x in 2Q10, 3.40x in 3Q10, 3.00x in 4Q10 and
         2.50x thereafter.


All covenants  refer to  Camposol  S.A. figures,  which is  the  main
operating company of the Camposol group.

For queries, please contact:

CEO, Juan Jose Gal'Lino
jgalino@camposol.com.pe

CFO, Piero Dyer Coriat
pdyer@camposol.com.pe

Phone: +511 621-0804
Fax: +511 221-4478


About Camposol

Camposol is the leading agroindustrial  company in Peru, involved  in
the cultivation,  processing  and commercialization  of  agricultural
products such as asparagus, sweet peppers, avocado, mango, grapes and
tangerines. These are exported as fresh, preserved or frozen products
mainly to markets in Europe and  the United States of North  America.
Camposol  encompasses  a   totally  integrated   business  from   the
production of  raw  material  in  the fields  to  processing  in  the
industrial plant and subsequent  commercialization in Europe and  the
United States. Camposol has around 25,000 own hectares of which  over
6,000 are  already  used for  agricultural  purposes, operates  in  2
different locations in the  Peruvian coast, and  has one fully  owned
processing plant  for  fresh,  preserved  and  frozen  products.  The
company has around 10,000 part and full time employees.

Please visit www.camposol.com.pe


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.