Terra Vitae Vineyards Limited

Registered Office Address
C & L Tower  
23-29 Albert Street  
Auckland  

Directors
MONTGOMERIE, Ian Laurie
CLIFFE, Bruce Windsor
JENKIN, D
BEATTIE, G
BRAJKOVICH, M

Background
Incorporated: 05-JAN-1998

Sponsored and promoted by Villa Maria who contract
to take all their grapes long term.               

� Established in 1998                                                     
� Owns vineyards in Hawke�s Bay and Marlborough � 142.3 hectares in total 
� Varietals grown in Hawke�s Bay: Chardonnay, Merlot, Cabernet Sauvignon, 
  Cabernet Franc, Syrah                                                   
� Varietals grown in Marlborough: Sauvignon Blanc, Pinot Noir, Pinot Gris,
  Gewurztraminer, Semillon                                                

Major Shareholders
Villa Maria Estate Ltd - 10%

Shares on Issue
9,500,000

Ownership Restrictions
Minimum Holding: 9500

Share Registry
Unknown

Website

News

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Terra Vitae, offered to public investment in 1998, followed the success of Villa Maria       
Estate's first share offer in 1993 in Seddon Vineyard on the banks of the Awatere River.     
Terra Vitae is a publicly owned vineyard company producing high quality Sauvignon Blanc,     
Chardonnay and Riesling on 40 hectares of land in the Awatere Valley.                        

Interest in Terra Vitae was immediate and a public association of over 300 members has       
invested over $9,500NZ each over a three-year period.                                        

Terra Vitae comprises three vineyards in the Hawkes Bay region, Ngakirikiri, Twyford Gravels 
and the Keltern Valley Nursery and a further expansion of vine area in the Taylors Pass      
Vineyard in Awatere Valley, Marlborough.                                                     

A party of 150 investors recently visited the Awatere region to see how their investment was 
blossoming and to hear from Chairman of Villa Maria Estate, George Fistonich, on the         
developments in place in the Marlborough region.                                             

The Ngakirikiri vineyard has recently completed planting of four red and one white varietal  
grapes: Merlot, Malbec, Cabernet Sauvignon, Sangiovese and Chardonnay. Whilst planting at    
Twyford Gravels has just begun.                                                              

At the Keltern Valley Nursery, Villa Maria have begun growing their own vine rootstock, due  
to a shortage of planting material in New Zealand.                                           

In Taylors Pass in the Awatere Valley, Marlborough the planting of over 72 hectares of grape 
varietals are due to begin in the foreseeable future. These will include Sauvignon Blanc,    
Riesling, Pinot Gris, Chardonnay and Pinot Noir                                              

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~