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AWB has advised Agrium that its Board considers the Christian Louboutin Sandals on Sale proposal superior to the proposed merger with GrainCorp Limited. Under AWB`s existing agreement with GrainCorp, AWB is required to provide three clear days notice to GrainCorp before changing Christian Louboutin Shoes on Sale withdrawing their recommendation. The waiting period expires Monday (Calgary time) and Agrium anticipates that AWB will recommend the Agrium transaction at that time. The Agrium transaction is currently envisaged to be executed via a Scheme of Arrangement and is subject to the conditions precedent typically included in transactions of this type. Christian Louboutin Pumps currently has 817,304,356 shares and 7,043,858 performance rights issued which the Agrium Agreement is based upon, resulting in a purchase price of A 1.237-billion. AWB Limited announces that on Vibram Five Fingers Classic August 2010 it received an unsolicited proposal from Agrium Inc for the acquisition of all of the issued capital of AWB on an all cash basis of AUD1.50 per share. The proposal is conditional on Agrium conducting limited due diligence with respect to certain financial and legal matters. Implementation of the proposal would be subject to receipt of foreign investment approvals, removal of the 10% shareholding cap under AWB s constitution and the negotiation of an implementation agreement. It is expected that the proposal would be effected by scheme of arrangement.