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QUOTATION NOTICE: NZX MAIN BOARD New Zealand Rural Land Company Limited ("NZLRA") Issuer: New Zealand Rural Land Company Limited ("NZL") Ticker Code: NZLRA ISIN: NZNZLE0002S0 Details of Issue: Rights to subscribe for 2 new shares for every 3 existing shares held on Record Date Ratio (New : Existing): 2 : 3 Exercise Price: NZ$1.10 per share Exercise Price Payable: In full on application Ex Rights Date: Wednesday, 2 June 2021 Rights Commence Trading: Wednesday, 2 June 2021 Record Date: 5:00pm, Thursday, 3 June 2021 Letters of Entitlement sent to Shareholders: Friday, 4 June 2021 Offer Opens: Friday, 4 June 2021 Offer Closes: Wednesday, 23 June 2021 Rights Quotation Ceases: Thursday, 17 June 2021 Allotment of New Shares: Monday, 28 June 2021 Registrar: Link Market Services ("LNKT") Settlement Status: NZCDC Settlement System Commencement of Trading of New Shares: Monday, 28 June 2021 Mark Peterson Chief Executive Officer NZX Limited 27 May 2021 End CA:00372987 For:NZL Type:OFFER Time:2021-05-27 16:21:33