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Announcement

OFFICE: LIC: LIC announces Acting General Manager NZ Markets

23 Sep 2016 09:14NZX
23 September 2016
Market statement

LIC announces Acting General Manager NZ Markets

Livestock Improvement Corporation Limited (NZX:LIC) is pleased to announce it
has appointed Malcolm Ellis as Acting General Manager NZ Markets, effective
from 17 October 2016.

This is a pivotal role - the NZ Markets group provides solutions to farmers
that are relevant today and for the future, and that leave value on-farm.

Chief Executive Wayne McNee says Mr Ellis will bring a wide range of skills
to the role, including a deep understanding of farmers'' perspectives and the
solutions that contribute to improving farmers'' prosperity and productivity.

Mr Ellis says his key passions include herd improvement and farm system
profitability. He is currently LIC''s Bull Acquisition Manager Jersey & SGL
and has worked in that role for five years. In this time, he has led the
recovery of momentum of the Jersey breeding programme, prepared the SGL
breeding programme for a 2014 launch into the fresh semen market and
redesigned and relaunched LIC''s OAD Selection Index. He has practical
knowledge of farming and herd improvement, as well as business acumen.

Mr Ellis holds a Massey University Diploma in Agriculture with Distinction
and previously taught in the agriculture department at Waikato Polytechnic
for seven years. He has also worked previously with NZ Rural Press. Both
roles were worked around the development of a successful farm business for
himself and wife Jody. Today the couple have retained the ownership of one of
the dairy farms.

ENDS

Media Contact: Ali Tocker, ali.tocker@lic.co.nz 027 617 1942

About LIC

LIC is a farmer-owned co-operative that provides a range of services and
solutions to improve the productivity and prosperity of farmers. This
includes dairy genetics, information technology, herd testing, DNA parentage
verification and farm advisory services through FarmWise. Subsidiary business
LIC Automation also provides integrated automation systems and unique milk
testing sensors that present real-time data while a cow is being milked. With
origins dating back to 1909, LIC has a long history of world-leading
innovations for the dairy industry.

Today the New Zealand-based co-operative employs more than 600 permanent
staff, swelling to 2000 during the peak dairy mating season. LIC also has
offices in the United Kingdom, Ireland, Australia and Brazil. All LIC profit
is returned to its farmer owners/shareholders in new solutions, research and
development or dividends. More information: www.lic.co.nz
End CA:00289621 For:LIC    Type:OFFICE     Time:2016-09-23 09:14:26
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