NZ Rural Land Company Acquisition of Land

15 March 2021 NEW ZEALAND RURAL LAND COMPANY LIMITED ACQUISITION OF LAND Allied Farmers Limited ("Allied Farmers" NZX:ALF) acknowledges and welcomes the announcement made to NZX today by New Zealand Rural Land Company Limited (NZX:NZL) relating to its conditional agreement for the first in a series of expected acquisitions. Allied Farmers owns a 50 percent interest in New Zealand Rural Land Management Limited Partnership, which is the external manager of New Zealand Rural Land Company Limited. Richard Perry Chairman End CA:00369157 For:ALF Type:GENERAL Time:2021-03-15 17:09:28