Assiniboia Farmland Limited Partnership declares cash distribution for December 31, 2013

REGINA, Dec. 16, 2013 /CNW/ - Assiniboia Farmland Limited Partnership (the "Partnership") announces that a cash distribution of $0.50 per Unit has been declared, for a payable date of December 31, 2013, to Unitholders of record on December 16, 2013. 

About Assiniboia Farmland Limited Partnership

The Partnership was established to provide investors with an opportunity to gain exposure to Saskatchewan farmland. On December 12, 2013, the Partnership announced that it had signed an agreement to sell its farmland portfolio to Canada Pension Plan Investment Board (CPPIB) for $128 million, before adjustments. The purchase will close in January 2014.

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
(306) 347-1024
doug@assiniboiacapital.com

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

Web: www.assiniboiacapital.com