Amended News Release - ADC Enterprises 4 Inc. acquires interest in Assiniboia Farmland Limited Partnership 4

    REGINA, Aug. 13 /CNW/ - ADC Enterprises 4 Inc. ("ADC"), Doug Emsley and
Brad Farquhar announce that in connection with the closing of the initial
public offering (the "Offering") of limited partnership units ("Units") of
Assiniboia Farmland Limited Partnership 4 ("Assiniboia") on August 13, 2008,
ADC acquired ownership of 140,400 Class F Units, Doug Emsley acquired
ownership of 3,000 Class A Units and Brad Farquhar acquired ownership of
1,000 Class A Units (144,400 in aggregate). The Units owned by ADC represent
43.56% of the outstanding Units, the Units owned by Doug Emsley represent
0.93% of the outstanding Units and the Units owned by Brad Farquhar represent
0.31% of the outstanding Units (44.8% in aggregate). ADC is indirectly
controlled by Doug Emsley, a director and the President and Chief Executive
Officer of Assiniboia Farmland GP 4 Corp. ("GP"), the general partner of
Assiniboia, and his spouse, Tamara Emsley (together with Mr. Emsley, the
"Emsleys"), through their indirect control of 85% of the voting securities of
ADC. Brad Farquhar, the Vice President of the GP, and his spouse, Lynette
Farquhar (collectively, the "Farquhars") indirectly control 15% of the voting
securities of ADC.
    ADC, Doug Emsley and Brad Farquhar acquired the Units pursuant to the
Offering for investment purposes. The Units are not listed or quoted for
trading on a stock exchange. Each of ADC, the Emsleys and the Farquhars may in
the future take such actions in respect of their holdings as they may deem
appropriate in light of the circumstances then existing, including the
purchase of additional Units or other securities of Assiniboia through
privately negotiated transactions, or the sale of all or a portion of their
holdings in privately negotiated transactions to one or more purchasers.

    ADC, the Emsleys and the Farquhars may be considered to be joint actors
under applicable securities legislation. However, the issuance of this press
release is not an admission that any entity named in this press release owns
or controls any of the securities described in this press release or is a
joint actor with any other entity named in this press release.

For further information:

For further information: Brad Farquhar, Suite 300, 1914 Hamilton Street,
Regina, Saskatchewan, S4P 3N6, (306) 347-7202

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Assiniboia Farmland Limited Partnership

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