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RURAL FUNDS GROUP Director's Dealing 2014

Mar 13, 2014

65689_rns_2014-03-13_dd398d10-0845-4557-8f31-1fa08aad8dd6.pdf

Director's Dealing

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Rural Funds Group (RFF)

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ASX Release

14 March 2014

Subject: Lodgement 3X Forms

I refer to Appendix 3X lodgements for Mr LGJ Paynter, Mr DA Bryant and Mr M Carroll and advise that the Company would like to apologise for the late lodgement of these disclosures.

The late lodgement of the Appendix 3X for Mr LGJ Paynter and Mr DA Bryant was a result of miscommunication between RFM and our external legal advisers.

The late lodgement of the Appendix 3X for Mr M Carroll was an oversight on RFM’s part. Mr Carroll has no interests in the Rural Funds Group and thus RFM management made the incorrect assumption that form 3X was not required.

RFM has in place a compliance system that ensures Directors, upon appointment and annually, are advised of ASX disclosure obligations. In addition, there are appropriate back-up of key personnel so that tasks, including compliance tasks, can be undertaken in a timely fashion

RFM’s view is that the compliance system that it has in place are appropriate and are sufficient to ensure compliance with its disclosure obligations.

About Rural Funds Group (RFF)

RFF owns a diversified portfolio of high quality Australian agricultural assets. RFF’s investment objective is to generate a stable income stream derived from leasing its assets to suitable counterparts and capital growth through appreciation in the value of those assets. Rural Funds Management Ltd (RFM is the responsible entity of RFF).

For further information:

For media enquiries:

David Bryant Managing Director Rural Funds Management T 02 6203 9703 E [email protected]

Stuart Waight Chief Operating Officer Rural Funds Management T 0419 126 689 E [email protected]