FFW Half Year Report 31 December 2016

Appendix 1 (NZAX Listing Rule 10.4.1) Half Year Preliminary Announcement Foley Family Wines Limited ("FFW") Results for announcement to the market Basis of Report Unaudited Reporting Period 6 months to 31 December 2016 Previous Reporting Period 6 months to 31 December 2015 Amount (000s) Percentage change Revenue from ordinary activities $NZ 16,601 - 5.1 % Profit before revaluations and income tax ("Operating Earnings") $NZ 204 - 90.6 % Operating profit before interest, impairment, revaluations, income tax and depreciation ("Operating EBITDA") $NZ 2,187 - 47.8 % Reported Profit (loss) from ordinary activities after tax attributable to shareholders ("Reported NPAT") $NZ (323) - 119.8 % Profit/(loss) for the period net of tax attributable to shareholders $NZ (323) - 119.8 % Dividend Amount per security Imputed amount per security Interim $NZ Nil $ Nil Record Date N/A Dividend Payment Date N/A Current Reporting Period Prior Reporting Period Net tangible assets per share $1.42 $1.35 Comments: 1. A full copy of the Half Yearly Report for the year ended 31 December 2016 is available on the FFW web site, at: http://www.ffw.co.nz. Attachments: Media Release Half Yearly Report for the Six Months Ended 31 December 2016. End CA:00297578 For:FFW Type:HALFYR Time:2017-02-28 16:19:59