Cadiz, Inc. | 2012 October
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October 2012

By Scott Slater Published in the San Bernardino Sun October 8, 2012 From the time before statehood, water has been recognized as the lifeblood of California's economy. A little more than 80 years ago, the people of this state adopted a constitutional amendment mandating the optimization of efficient water use in California. Since that time, water has remained a critical resource and Article 10, Section 2 of the California Constitution has served to provide the legal and policy underpinnings for responsible water use.

Action Eliminates Federal Court Litigation involving the Company Los Angeles, CA (October 5, 2012) – Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”) reported today that a lawsuit filed in U.S. Federal Court jointly against the Company, the Santa Margarita Water District (“SMWD”), the County of San Bernardino (“County”), the U.S. Department of the Interior (“DOI”) and the U.S. Bureau of Land Management (“BLM”) has been dismissed. The Court determined that Petitioner RiverAHA was unlikely to succeed on the merits. The dismissal now ends the pending Federal Court litigation over the Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”). Legal proceedings challenging the recent Project approvals continue in California State Court.

Action by Board of Supervisors a New Milestone for Project Los Angeles CA (October 2, 2012) -- Cadiz Inc. [NASDAQ: CDZI] (“Cadiz”) reported today that the San Bernardino County Board of Supervisors voted to approve the  Groundwater Management, Monitoring, and Mitigation Plan (“GMMMP”) for the Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”). This represents another significant milestone for the Project, which will provide an annual reliable water supply to Southern California communities by capturing and conserving native groundwater currently being lost to evaporation from the aquifer system beneath the Company’s property in eastern San Bernardino County’s Cadiz Valley.  The County’s action authorizes the Project to withdraw an average of 50,000 acre-feet of water per year.