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24 April 2015

FARRIS PARTNERS MACKAY-DUNN AND NAWATA CLOSE INTREXON-OKANAGAN SPECIALTY FRUITS ACQUISITION

Intrexon Corporation (“Intrexon”) completed its acquisition of Okanagan Specialty Fruits Inc. (“OSF”) by way of statutory plan of arrangement pursuant to which a wholly-owned subsidiary of Intrexon acquired all the securities of OSF for US$41 million. OSF shareholders received US$31 million in Intrexon common stock and US$10 million in upfront cash, subject to certain escrow hold-back.

Intrexon Corporation (NYSE: XON) is a leader in synthetic biology focused on collaborating with companies in health, food, energy, environment and consumer sectors. OSF is the pioneering agricultural company behind the Arctic®-apple, the world’s first non-browning apple, based in Summerland, British Columbia.

The Farris, Vaughan, Wills & Murphy team was led by partner R. Hector Mackay-Dunn, Q.C., and included partners Denise Nawata (corporate and securities); Teresa Tomchak (securities regulatory); and associates Michael Rawluk (corporate and securities); Thom Ciz (tax).

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