SPP reminder/NZ Farmers Livestock press release

14 March 2019 Share Purchase Plan Closing Date Reminder Last Chance to Participate in Discounted Share Offer o Next Tuesday is the last chance to buy Allied Farmers' shares at a discount by participating in the Share Purchase Plan ("SPP") o Attractiveness of SPP has seen strong shareholder demand On 26 February 2019 Allied Farmers Limited (Allied) offered you a SPP, which enables you to apply (brokerage-free) for up to $15,000 of shares at $0.073 per share, being a 10% discount to the share price prior to the offer*. To date, the offer has been strongly supported, but it is not too late if you would like to participate. If you would still like to participate, and have not already done so, the last day to accept the offer is next Tuesday 19 March 2019. The SPP explanation letter, terms, and application form were sent to you on 26 February 2019. We also remind you that if you hold less than 2,000 Allied shares and do not wish to have your shares sold by Allied after 27 May 2019, if you have not done so already, you can increase your shareholding above 2,000 shares at a discount and brokerage free by participating in the SPP offer by 19 March 2019. NZ Farmers Livestock Thrives with New Online Technologies NZ Farmers Livestock, a subsidiary of Allied, continues its success in the livestock industry by pushing the boundaries of the digital space with new online technologies. A copy of the recent press release about this is attached. Yours faithfully, Allied Farmers Limited Mark Benseman Chairman * This Share Purchase Plan provides for each Shareholder to apply for up to $15,000 of shares at $0.073 per share, being a 10% discount to the volume-weighted average price of Allied Farmers' shares traded on the NZX Main Board over the 10 trading days up to, and including, 25 February 2019 End CA:00331903 For:ALF Type:OFFER Time:2019-03-14 08:30:54