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Press release from PR Newswire

Bunge Limited Announces Management Transition at Bunge Asia

Monday, December 09, 2013

Bunge Limited Announces Management Transition at Bunge Asia

03:30 EST Monday, December 09, 2013

WHITE PLAINS, N.Y., Dec. 9, 2013 /PRNewswire/ -- Bunge Limited (NYSE:  BG), a global agribusiness and food company, today announced the appointment of Michael Goettl to the position of CEO, Bunge Asia, effective January 1, 2014.  Mr. Goettl, currently COO, Bunge Asia, succeeds Christopher White, who, after leading Bunge's Asian operations for ten years, will remain with Bunge as a senior advisor managing strategic initiatives for the company.

"Mike is the ideal leader for the next era of Bunge's growth in Asia," stated Soren Schroder, CEO, Bunge Limited.  "His long experience in the region gives him deep understanding of the markets and a great appreciation for what is important to our customers.  Mike is also an outstanding operator, with a track record of delivering results in existing businesses and creating value from new investments."

Mr. Goettl joined Bunge in 2005.  Prior to being named COO, Bunge Asia, he served in a number of management roles, including agribusiness director, Asia, co-managing director, China, and business development director, Asia.  Before joining Bunge, he served as president of China Food & Agricultural Services and vice president of Asia/Latin American Marketing at Louis Dreyfus.  He holds an M.S. in agricultural economics from the University of Minnesota and a B.A. in international studies from the University of St. Thomas-Minnesota.

Mr. Schroder continued: "Chris leaves a great legacy.  Under his leadership, Bunge grew from a marketer to a major industrial operator in Asia, with strong positions in key markets like China, Vietnam and India, a reputation for high-quality customer service, and a strong portfolio of industrial and consumer products.  We thank him for his leadership in Asia and look forward to his further contributions as an advisor to the company."

About Bunge LimitedBunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees.  Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America.  Founded in 1818, the company is headquartered in White Plains, New York.

Cautionary Statement Concerning Forward-Looking StatementsThis press release contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are not based on historical facts, but rather reflect our current expectations and projections about our future results, performance, prospects and opportunities. We have tried to identify these forward-looking statements by using words including "may," "will," "should," "could," "expect," "anticipate," "believe," "plan," "intend," "estimate," "continue" and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. The following important factors, among others, could affect our business and financial performance: industry conditions, including fluctuations in supply, demand and prices for agricultural commodities and other raw materials and products used in our business; fluctuations in energy and freight costs and competitive developments in our industries; the effects of weather conditions and the outbreak of crop and animal disease on our business; global and regional agricultural, economic, financial and commodities market, political, social and health conditions; the outcome of pending regulatory and legal proceedings; our ability to complete, integrate and benefit from acquisitions, dispositions, joint ventures and strategic alliances, including the transactions discussed in this press release; our ability to achieve the efficiencies, savings and other benefits anticipated from our cost reduction, margin improvement and other business optimization initiatives; changes in government policies, laws and regulations affecting our business, including agricultural and trade policies, tax regulations and biofuels legislation; and other factors affecting our business generally. The forward-looking statements included in this release are made only as of the date of this release, and except as otherwise required by federal securities law, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.

SOURCE Bunge Limited

For further information: Investor Contact: Mark Haden, Bunge Limited, 914-684-3398, mark.haden@bunge.com; Media Contact: Susan Burns, Bunge Limited, 914-684-3246, susan.burns@bunge.com

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