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Synlait supports scope of DIRA review

Regulatory9 May 2018SMLConsumer Staples

Synlait Milk Ltd
1028 Heslerton Road

RD13, Rakaia 7783

Private Bag 806

Ashburton 7740

New Zealand

P +64 3 373 3000

www.synlait.com Page 1 of 1

SYNLAIT MILK LIMITED NZX: SML

ANNOUNCEMENT ASX: SM1

9 MAY 2018

SYNLAIT SUPPORTS SCOPE OF DIRA

REVIEW

Synlait Milk (NZX: SML; ASX: SM1) supports the New Zealand Government’s terms

of reference for the Dairy Industry Restructuring Act 2001 (DIRA) review, announced

today by Minister of Agriculture Damien O’Connor.

“We are glad to see a comprehensive scope in the terms of reference and are

pleased it will look beyond the current regulatory framework to address some of the

fundamental issues facing the future of our industry,” says John Penno, CEO and

Managing Director.

“We look forward to contributing to the DIRA review process. We can provide a

unique perspective as a successful value-add nutrition company in the industry,”

says Mr Penno.

“At the end of the day, we want any outcomes to support a sustainable and high

value industry in New Zealand. We’re confident this will allow the industry to

continue to flourish while delivering a sustainable future for dairying,” says Mr

Penno.

ENDS

For more information about Synlait, visit or www.synlait.com or contact:


Dan Walraven

Communications Manager, Synlait Milk

P: +64 27 836 7532

E: daniel.walraven@synlait.com

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