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Construction continues at Synlait Pokeno + Synlait Dunsanel

Operational Update21 August 2018SMLConsumer Staples

Synlait Milk Ltd
1028 Heslerton Road

RD13, Rakaia 7783

Private Bag 806

Ashburton 7740

New Zealand

P +64 3 373 3000

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SYNLAIT MILK LIMITED NZX: SML

ANNOUNCEMENT ASX: SM1

21 AUGUST 2018

CONSTRUCTION CONTINUES AT SYNLAIT

POKENO AND SYNLAIT DUNSANDEL

Synlait (NZX: SML; ASX: SM1) can confirm that both of its major capital projects

remain on track and are forecast to be completed on time, and on budget.

Tetra Pak, Synlait’s only contracted partner for the projects, has confirmed both

projects will be delivered as originally planned:

1. Synlait Pokeno, which is Synlait’s second nutritional powder manufacturing

site, due to be commissioned for the 2019 / 2020 season; and

2. The advanced liquid dairy packaging facility at Synlait Dunsandel, due to be

commissioned early 2019.

Synlait remains confident in its relationship with Tetra Pak and their approach,

which will deliver to Synlait’s high standards and specifications.

This update follows Synlait’s announcement on 1 August

about Ebert Construction

Ltd being placed in receivership.

ENDS

For more information, please contact:


Dan Walraven

Corporate Affairs Manager, Synlait Milk

P: +64 27 836 7532

E: daniel.walraven@synlait.com

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