Ann: GENERAL: SEK: Seeka provides fire update

• Release Date: 13/03/15 15:31
• Summary: GENERAL: SEK: Seeka provides fire update
• Price Sensitive: No
• Download Document  1.49KB

					SEK
13/03/2015 15:31
GENERAL
NOT PRICE SENSITIVE
REL: 1531 HRS Seeka Kiwifruit Industries Limited

GENERAL: SEK: Seeka provides fire update

TAURANGA, 13 March, 2015 -- Seeka Kiwifruit Industries Ltd (NZX-SEK) updates
the market on the progress with the fire at its Oakside site.
While the fire extensively damaged the North Shed component of the complex,
the core operating infrastructure and the bulk of the site is intact. The
forecourt, canopy, packhouse [3 machines], offices, rear coolstore and
pre-coolers and a number of central coolstores are all operational. Fire
cause investigators have completed their work and the affected area of the
site has been handed back to Seeka. The insurance claim has been accepted and
Seeka is continuing to work with the loss adjusters, and Seeka's insurer's to
assess, clean and repair and replace the damaged operational areas in order
for Seeka to have full capacity at Oakside when required. Information systems
are being replaced along with necessary equipment. No delay is expected at
the site for early season harvest and Seeka is working with its engineers and
suppliers to put in place a load out facility for the season.
Any new building construction is expected to occur after this kiwifruit
season.
Seeka does not expect any impact to financial performance or the operational
performance provided to its grower customers.

For further information please contact:
Michael Franks, Chief Executive 021-356-516
End CA:00261839 For:SEK    Type:GENERAL    Time:2015-03-13 15:31:37