Seeka Limited — Capital/Financing Update 2018

Oct 1, 2018

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1 October 2018

Seeka completes acquisition of Kerifruit Farm Orchard

Seeka Limited [NZX:SEK] advises that it has today completed the acquisition of Kerifruit Farm Orchard, being one of the three remaining orchards to be acquired from Turners and Growers Horticulture Limited under the T&G Northland acquisition announced on 20 April 2018.

T&G is progressing the process for the subdivision of the two remaining orchards (Whites Orchard and Kapiro Orchard). The transaction agreement provides that Seeka will purchase each remaining orchard as the subdivision for the relevant orchard has been completed – Seeka is leasing these orchards from Turners and Growers Horticulture Limited in the interim period.

Ends.

For further information please contact:

Michael Franks Seeka Chief Executive 021356516

Stuart McKinstry Seeka Chief Financial Officer 0212215583