Cadiz, Inc. | 2012 April
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April 2012

Company pledges 50% of labor force and 80% of infrastructure spending for Cadiz Valley Water Project to County residents and businesses

Los Angeles -- Cadiz Inc. [NASDAQ: CDZI] (“Cadiz”), a land and water resource development company with 45,000 acres in California’s San Bernardino County, announced today a significant pledge to support County-based labor and materials upon implementation of the Company’s Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”). As part of the Pledge, the Company has committed to purchase 80% of the materials necessary to construct the Project’s facilities from County businesses and to dedicate 50% of the Project’s jobs to County residents, including a goal of 10% for local veterans.

By Winston H. Hickox Sacramento Bee Winston H. Hickox, former secretary of the California Environmental Protection Agency,  is a principal with the consulting firm California Strategies. He is responding to the April 13 Viewpoints article, "Plan to tap groundwater for profit shows need for better state policy." That article stated: "The bottom line is that the project relies on unsustainable mining of groundwater, designed to extract groundwater at a rate exceeding natural recharge."