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Wellard is meeting rising global demand for protein through the supply of quality livestock and value-added-product to consumers throughout the world. Our principal business is the supply of live sheep and cattle to the Middle East and Asia, providing an important link between producers of quality livestock and consumers.

Brazil live cattle trade injunction overturned

February 6, 2018

ASX Announcement

Wellard Ltd (Wellard, ASX:WLD) advises that it has received advice that exports of live cattle from Brazil have resumed after the Brazilian Government successfully applied to overturn an injunction which had temporarily suspended the trade in that country for two days.

“The Brazilian Government has demonstrated its support for the live export trade through its decision to successfully appeal the injunction,” said Wellard Executive Director – Operations, Fred Troncone.

Wellard reiterates its previous advice that it was not affected by the temporary suspension. It had no involvement in the injunction or court action, and its ships were not impacted by either.

For further information:

Investors
Executive Director Operations, Fred Troncone
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871

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