RNS No 7083p
BRIERLEY INVESTMENTS LIMITED
9 August 1999

                       TASMAN AGRICULTURE LIMITED

Brierley Investments Limited announces that over the period 4-6 August 1999 it
acquired 3,106,840 (2.42%) ordinary shares in Tasman Agriculture Limited at a
price of $0.82 per share.

The Company now holds 81,747,262 (63.74%) ordinary shares in Tasman Agriculture
Limited).

END

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