CADIZ ANNOUNCES IMPLEMENTATION OF REVERSE SPLIT TRADING ADJUSTMENT, NEW TRADING SYMBOL

Los Angeles, CA – Cadiz Inc. (CDZI-OTC) (the “Company”) is pleased to announce that its previously reported 1 for 25 reverse stock split, became effective today with trading in the Company’s stock.  As a result of the reverse split, the Company’s trading symbol has changed from “CLCI” to “CDZI”.  All trading of the Company’s stock will be conducted under the new symbol.

Founded in 1983, Cadiz Inc. is a publicly held water resource management firm.  The Company owns significant landholdings with substantial water resources throughout California.  Further information on the Company can be obtained by visiting its corporate web site at www.cadizinc.com.

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