Brett Young and Philom Bios to Collaborate on Development of Key Technology Platform

Release Date: March 31, 2006
FOR IMMEDIATE RELEASE

March 31, 2006

Brett Young and Philom Bios to Collaborate on Development of Key Technology Platform

SASKATOON, SK and WINNIPEG, MB — Brett Young Seeds and Philom Bios Inc. are pleased to
announce the signing of an agreement that will accelerate the continued development and
commercialization of Brett Young’s patented plant growth promoting rhizobacteria (PGPR)
technology and other platforms.

Under the terms of the agreement, Philom Bios holds an exclusive world-wide license to develop, produce, market and sell all technologies covered within the scope of the agreement, including follow-on formulations of BioBoostTM and SoySuperbTM, in major agricultural crops including canola, alfalfa, corn and soybeans. These technologies are the first registered PGPR’s for use in North American canola and soybean production. Results from over 5 years of field trials indicate that this
technology platform offers exciting productivity enhancements for farmers.

Brett Young CEO, Lloyd Dyck, states, “We are very pleased to partner with Philom Bios in this collaboration. Philom Bios’ research and development, production and marketing expertise related to the delivery of high value inoculant products were key considerations in the culmination of this
agreement. We are excited about the potential of PGPR’s and working together we can realize this potential for the benefit of our customers.”

Calvin Sonntag, Philom Bios Inc. President/CEO, comments, “This is an exciting collaboration. We set out on a strategy some time ago to invest in three key technology platforms that we believe will
bring tremendous value to farmers. Those platforms are fertility efficiency, growth enhancement and root disease bio-control. This collaboration is a further example of our commitment to this focused strategy.”

Philom Bios is a world leading Inoculant Company with over 70 employees across North America in a wide range of research, manufacturing, marketing, and management positions. Headquartered in Saskatoon, SK, Philom Bios is a Canadian public company serving the needs of farmers with highvalue
inoculants. Philom Bios has a 20+ year commitment to farmers through a dynamic partnership with distributors and leading retailers.

Brett Young is one of Canada’s leading seed companies with over 170 employees across Canada. Headquartered in Winnipeg, Brett Young has four facilities in western Canada and 72 years of experience in the domestic and international seed market.

For More Information:
Calvin Sonntag Lloyd Dyck
Philom Bios Inc. Brett Young Seeds
3935 Thatcher Ave. Box 99 St. Norbert Postal Station
Saskatoon, SK Canada S7R 1A3 Winnipeg, MB Canada R3V 1L5
Phone: (306) 657-8202 Phone: (204) 478-2200
Fax: (306) 668-4232 Fax: (204) 478-2232
Email: csonntag@philombios.com Email: lloyd.dyck@brettyoung.ca