Scales responds to media speculation

Scales Corporation Limited
Head Office: 52 Cashel Street | Christchurch 8013 | New Zealand
Postal: PO Box 1590 | Christchurch 8140 | New Zealand
Phone: +64 3 379 7720
scalescorporation.co.nz






NZX Release

23 March 2021



SCALES RESPONDS TO MEDIA SPECULATION

Scales Corporation Limited (NZX:SCL) (“Scales”) is aware of recent media speculation about
its participation in the sale process for Villa Maria.

Scales confirms it is participating in the sale process for Villa Maria, but cautions that there
is no certainty that its participation will result in any transaction. Scales continues to
explore a range of growth opportunities, including acquisitions, and our policy is not to
comment on media speculation. Scales continues to comply with its continuous disclosure
obligations, including NZX Listing Rule 3.1.1.


ENDS

For further information:
Andy Borland
Managing Director
Scales Corporation Limited
T: 021 975 999
Email: andy.borland@scalescorporation.co.nz



About Scales Corporation
Scales Corporation is a diversified agribusiness group. It currently comprises three
operating divisions: Horticulture, Food Ingredients and Logistics. 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.
Find out more at www.scalescorporation.co.nz.