19 th August 2008

Mr Geoff Honey National Agricultural Commodities Marketing Association Limited PO Box R1829 Royal Exchange NSW 1225

Dear Geoff

Australian Grain Storage Pty Ltd (ags) is a wholly owned division of Ricegrowers Ltd trading as SunRice. Australian Grain Storage Pty Ltd (ags) is the commodity storage arm of Ricegrowers Ltd. Australian Grain Storage Pty Ltd has 17 storage sites located throughout the Murrumbidgee and Murray Valleys providing storage options for summer and winter crops.

Australian Grain Storage Pty Ltd (ags) would like to apply for renewal of its current Registered Bulk Handling Company status with NACMA. As requested the information listed below is provided as per NACMA’s application requirements.

Storage and Handling Agreement Australian Grain Storage (ags) Storage and Handling Agreement is currently in the final stages of refinement and will be forwarded to NACMA prior to 30 th September 2008 for inclusion on the NACMA website.

Gazetted Rates Australian Grain Storage (ags) storage and handling charges for the 2008/2009 season will forwarded to NACMA prior to 30 th September 2008 for inclusion on the NACMA website.

Locations Australian Grain Storage (ags) sites requiring NACMA location differentials are listed in the table below.

Gogeldrie Emery Murrami Hogan Whitton Finley Blighty Benerembah Caldwell Willbriggie Walsh Hay

Australian Grain Storage Pty Ltd A division of NIP 37 Avenue Leeton I NSW 2705 Ricegrowers Limited PO Box 561 Leeton I NSW 2705 ABN 55 007 481 156 T. +61 (0)2 6953 0411 Trading as SunRice Insurance

1. Workers Compensation Insurance

Workers Compensation is maintained in all states. The Policy is held through QBE Insurance Policy NO: 1WF0076475GWC154 due 30th June 2009

2. Public Liability

Our Primary Layer of liability cover, being AUD$10 Million, is held through AIG Insurance, Policy No: SG0000107898 due 30th April 2009

3. Industrial Special Risk Insurance

All Ricegrowers t/as SunRice Ltd and subsidiary's property is insured through SunArise Insurance Co Ltd Policy No: 34001 due 30th April 2009

Financial Viability Ricegrowers Ltd’s Annual Reports and Financial statements are available for viewing on the SunRice website ( www.sunrice.com.au ). Once in the site, click on shareholder and grower tab at the top of the page. Select company reports on the left hand side of the page which will take you to financial report pages.

Quality of Outturn

Australian Grain Storage Pty Ltd (ags) currently provides storage and handling services for Ricegrowers Ltd's three manufacturing facilities. Ricegrowers manufacturing facilities are HACCP and AIB certified. The certifying agency for HACCP is NCSI.

Australian Grain Storage (ags) has a robust internal quality program incorporating GMP processes and procedures and has all relevant operation processes documented as required. In addition, Australian Grain Storage (ags) undertakes to outturn grain in accordance with obligations outlined in its Storage and Handling Agreement.

I trust that the information supplied meets all NACMA’s requirements for Australian Grain Storage (ags) to become a Registered Bulk Handler. Please contact me if you require any further information.

Regards

Sam Gaston Technical Manager Australian Grain Storage Pty Ltd (ags)

Australian Grain Storage Pty Ltd A division of NIP 37 Yanco Avenue Leeton I NSW 2705 Ricegrowers Limited PO Box 561 Leeton I NSW 2705 ABN 55 007 481 156 T. +61 (0)2 6953 0411 Trading as SunRice