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Press release from PR Newswire

Syngenta upgrades sales target

Monday, September 24, 2012

Syngenta upgrades sales target01:00 EDT Monday, September 24, 2012· Sales for key crops to reach $25 billion by the end of the decade · Accelerating rate of innovation · Rice and Vegetables update: $5 billion targetBASEL, Switzerland, Sept. 24, 2012 /PRNewswire/ -- Syngenta today announced that it expects sales for its eight key strategic crops to reach $25 billion by the end of the decade, compared with a previous target of over $22 billion. This increase is being driven by the accelerating rate of innovation and strategy delivery across the company. In May, the company upgraded its sales expectations for Corn and Cereals.  This week, at a meeting for the investment community in Pune, India, senior Syngenta executives will outline the potential for Rice and Vegetables, whose combined sales are now expected to reach $5 billion. Mike Mack, Chief Executive Officer, commented, "Since we announced our new strategy in February 2011 we have focused on the rapid integration of our commercial teams and on broad-based innovation. I am pleased to say that success in both these areas has enabled us to increase our expectations for future growth across our eight strategic crops. We shall this week be sharing the details of our progress and potential in both Rice and Vegetables, reflecting our unique ability to integrate technologies and to meet the needs of smallholder farmers in Asia." Syngenta is one of the world's leading companies with more than 26,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to Statement Regarding Forward-Looking StatementsThis document contains forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions.Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements.We refer you to Syngenta's publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties.Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.This document does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefor. Syngenta International AGMedia OfficeCH-4002 BaselSwitzerlandTel: +41 61 323 2323Fax: +41 61 323 2424www.syngenta.comMedia contact:Paul BarrettSwitzerland +41 61 323 2323Analyst/Investor contact:Jennifer GoughSwitzerland +41 61 323 5059USA +1 202 737 6521SOURCE Syngenta