Assiniboia Farmland Limited Partnership Declares Cash Distribution for December 31, 2012

REGINA, SK, Dec. 17, 2012 /CNW/ - Assiniboia Farmland Limited Partnership (the "Partnership") is pleased to announce a cash distribution for the year ending December 31, 2012 of $0.35 per Unit. The cash distribution will be payable on December 31, 2012, to Unitholders of record on December 17, 2012.

About Assiniboia Farmland Limited Partnership

The Partnership was established to provide investors with an opportunity to gain exposure to Saskatchewan farmland.  This distribution brings the total cash distributed to Unitholders for 2012 to $0.60 per Unit.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Partnership.  These statements are subject to a number of risks and uncertainties.  Actual results may differ materially from results contemplated by the forward-looking statement.  When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.

Additional information about the Partnership is available on SEDAR (www.sedar.com).

SOURCE: Assiniboia Farmland Limited Partnership 3

For further information:

Doug Emsley,
President and Chief Executive Officer
(306) 347-1024
doug@assiniboiacapital.com

Brad Farquhar
Vice President
(306) 347-7202
brad@assiniboiacapital.com

Web: www.assiniboiacapital.com