Wolf Haldenstein Adler Freeman & Herz LLP announces that it filed a class action lawsuit on January 27, 1999 in the United States District Court for the Southern District of New York on behalf of all persons who purchased common stock of AgriBio Tech, Inc. (NASDAQ:ABTX ) ("ABT" or the "Company") at artificially inflated prices during the period October 8, 1998, through January 22, 1998, inclusive (the "Class Period"), and who were damaged thereby.

The Complaint alleges that the defendants violated the federal securities laws (Section 10(b) and
20(a) of the Securities Exchange Act of 1934) by misrepresenting or failing to disclose material
information about ABT's strategies concerning its aggressive pursuit of pending and additional
acquisitions, and its plans to secure and complete a buyout of all or part of the Company. The
defendants falsely stated during the Class Period that both the acquisition strategy and the buyout strategy were on track. As was later revealed by the Company's surprising shift in its strategies, defendants knew, but failed to disclose, that the public disclosure of these business strategies was part of a scheme to artificially inflate the price of ABT common stock so the Company could secure and complete $25 million in long term debt financing.

As a result of defendants' false and misleading statements and omissions concerning ABT's
strategies, the price of ABT stock was artificially inflated during the Class Period. At the end of
the Class Period, the Company announced that it had radically shifted its business strategies and would (1) abort its plans for a buyout of all or part of ABT; and (2) that the Company would
abort its continued acquisition strategy. In reaction to this announcement, the Company's
common stock plummeted 25%.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm
of Wolf Haldenstein Adler Freeman & Herz LLP. The Wolf Haldenstein firm has a full service
commercial practice consisting of more than 35 attorneys based in New York City and San
Diego. The firm's litigation department has been recognized by courts throughout the country as
highly experienced and skilled in complex litigation, particularly with respect to federal securities
laws, class actions and shareholder litigation. The firm's qualifications have repeatedly received
very favorable judicial recognition. Additionally, the firm has achieved recoveries of over one
billion dollars for defrauded investors and shareholders.

If you are a member of the class described above, you may, not later than sixty days from
January 27, 1999, move the court to serve as lead plaintiff of the class, if you so choose. In order
to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to
discuss this action or have any questions concerning this notice or your rights or interests with
respect to these matters, please contact Wolf Haldenstein Adler Freeman & Herz LLP at 270
Madison Avenue, New York, New York 10016, by telephone at (800) 575-0735 (Michael
Miske, Gregory Nespole, Esq., Fred Taylor Isquith, Esq. or Shane T. Rowley, Esq.) via e-mail
at , or visit our website at www.whafh.com

All e-mail correspondence should make reference to ABT.

Contact:
Wolf Haldenstein Adler Freeman & Herz LLP,
(800) 575-0735
(Michael Miske, Gregory Nespole, Esq., Fred Taylor Isquith, Esq. or Shane T. Rowley,Esq.)
miske@whafh.com

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