Petfood Joint Venture settles

2 April 2019 PETFOOD JOINT VENTURE SETTLES Scales Corporation Limited (NZX:SCL) advises the settlement, on 1 April 2019, of the sale of 50% of the New Zealand petfood ingredient business of Meateor Foods Limited. This settlement establishes the petfood ingredient joint venture between Scales and Alliance Group Limited Steve Kennelly Chief Financial Officer Scales Corporation Limited +64 3 371 2263 / +64 274 317587 www.scalescorporation.co.nz About Scales Corporation Scales Corporation is a diversified agribusiness group. It currently comprises three operating divisions: Horticulture, Storage & Logistics and Food Ingredients. The company's diverse spread of activities gives Scales broad exposure to New Zealand's agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. Today it employs more than 700 permanent staff New Zealand wide. Find out more at www.scalescorporation.co.nz. End CA:00332860 For:SCL Type:GENERAL Time:2019-04-02 16:36:33