The agreement represents the first step by Cadiz in furtherance of its commitment to use “best in class” professionals to assist with project development and ongoing project management and to hire locally wherever possible.“We are very pleased to partner with Cadiz on their Water Conservation & Storage Project,” said Greg Aluce, President of Layne Christensen’s worldwide Water Division. “I haven’t seen our people this excited about a project in a long time – the opportunity to add to southern California’s resources and create jobs is a rare one, and we look forward to being a part of it.” Based on the CH2M Hill study of natural recharge in the aquifer system, Cadiz is developing a groundwater management plan providing for the safe and environmentally-sound, long-term withdrawal of enough clean water to sustainably meet the annual needs of 400,000 residents in drought-ridden southern California. CH2M Hill’s evaluation was prepared in advance of an upcoming environmental review of the Project under the California Environmental Quality Act. “This aquifer system is without a doubt one of Southern California’s most prolific, untapped, renewable water resources, and we are delighted to be a part of the Cadiz Water Conservation & Storage Project,” said Bob Ereth, General Manager of Layne Christensen. “After a lifetime of work in the field, I have never seen test wells this productive, and it is clear that this resource, responsibly managed, can be a significant piece of southern California’s long-term resource puzzle.” “We are proud to have local resources meeting local water needs while providing local jobs for Southern California workers,” said Scott Slater, General Counsel for Cadiz. “We look forward to a lasting partnership with the recognized leader in the field of groundwater management and well-field operations.” About Cadiz Founded in 1983, Cadiz is a publicly-held, renewable resources company that owns 70 square miles of property with significant water resources and clean energy potential in eastern San Bernardino County, California. The Company is engaged in a combination of organic farming, solar energy and water storage projects. The Cadiz Water Conservation & Storage Project aims to provide much-needed water to Californians while preserving the desert ecology. Further information can be obtained by visiting www.cadizinc.com. This release contains forward-looking statements that are subject to significant risks and uncertainties, including statements related to the future operating and financial performance of the Company and the financing activities of the Company. Although the Company believes that the expectations reflected in our forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Factors that could cause actual results or events to differ materially from those reflected in the Company’s forward-looking statements include the Company’s ability to maximize value for Cadiz land and water resources, the Company’s ability to obtain new financing as needed, and other factors and considerations detailed in the Company’s Securities and Exchange Commission filings.