Pokeno Land Decision

Synlait Milk Ltd · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com

SYNLAIT MILK LIMITED ANNOUNCEMENT NZX: SML
ASX: SM1
10 MAY 2019

POKENO LAND DECISION
Synlait (NZX: SML; ASX: SM1) is currently working through what a decision in the Court of Appeal
yesterday will mean for the Pokeno plant.
In February 2018 Synlait announced the conditional purchase of 28 hectares of land in Pokeno to establish
its second nutritional powder manufacturing site. The title to the Pokeno land has since transferred to
Synlait after the removal of land covenants by the High Court late last year. That High Court decision was
reversed yesterday.
“We will take some time to review the decision and consult with various advisors,” says Synlait CEO, Leon
Clement.

ENDS

For more information about Synlait visit www.synlait.com
or contact:
Jessica Thorn
Senior Communications Advisor, Synlait Milk
P: +64 3 373 3353
E: Jessica.thorn@synlait.com