Cresud S.A.C.I.F. y A. Announces New Institutional and Investor Relations Website Launch

BUENOS AIRES, Argentina, April 3 /PRNewswire-FirstCall/ -- Cresud S.A.C.I.F. y A. ( CRESY, BASE: CRES) is pleased to announce the launch of its new institutional website, http://www.cresud.com.ar, including an Investor Relations section featuring:

    -- Broad information on company segments
    -- User-friendly access to company information
    -- Interactive Property Portfolio Browsing Features (Photos, Flash Maps,
       property pinpointing with Google Earth)
    -- A fundamental "tool" to download key financial and operating figures
    -- A wide database of company filings, sorted by year and kind of filing

Visit our website at http://www.cresud.com.ar and learn more about our company. Find and download our latest webcasts, SEC filings, financial statements and check out our properties portfolio.

About Cresud:

Cresud is a leading Argentine agricultural company with a growing presence in the Brazilian agricultural sector through its investment in BrasilAgro-Companhia Brasileira de Propriedades Agricola. Cresud is currently involved in a range of activities including crop production, cattle raising and milk production. Cresud's business model, which it seeks to roll out abroad, taking into account the specific conditions of each country, focuses on the acquisition, development and exploitation of properties having attractive prospects for agricultural production and/or value appreciation and the selective disposition of such properties where appreciation has been realized.

Additionally, Cresud owns a 54.0% stake in IRSA Inversiones y Representaciones S.A., Argentina's largest, most well-diversified real estate company. Through its subsidiaries, IRSA manages an expanding top portfolio of shopping centers and office buildings, primarily in Buenos Aires. The company also develops residential subdivisions and apartments (specializing in high-rises and loft-style conversions) and owns three luxury hotels.

    Contact:
    The Investor Relations Department
    +5411-4323-7449
    IR@Cresud.com.ar

SOURCE Cresud S.A.C.I.F. y A.