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Unaudited Interim Results

Fri, 30/04/2010 5:27:00 p.m.

Silver Fern Farms has continued its successful focus on balance sheet improvement with bank debt as at 28 February 2010 totaling $205.4M (reduced by $102.8M) and bonds on issue totaling $76.0M (reduced by $50.3M) compared to the comparative period ended February 2009. The equity ratio has also improved to 43% at February 2010 versus 29% at February 2009.

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