PLP - Conversion of Waimea Vineyard and Wine Market Update

Booster Investment Management Limited (BIML), the manager of the PLP, provides an update in respect of the following 3 matters, the details of which can be found in the attached detailed announcement: 1. Conversion of Waimea Vineyard to Apple Orchard 2. Wine Industry Update 3. Other Risks and updated offer documents For further information regarding PLP visit www.booster.co.nz/booster-investments/private-land-and-property-fund For more information, please contact: Gary Scott Company Secretary Booster Investment Management Limited 04 8944300 About Booster Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $8 billion on behalf of more than 200,000 New Zealanders. PLP is a managed investment fund that invests in land and property-based investments by investing in units in Booster’s Private Land and Property Portfolio. PLP only holds these units. For more information, including a copy of the Product Disclosure Statement and the latest net asset value per unit, please visit www.booster.co.nz