ATM 1.35% $6.78 the a2 milk company limited ordinary shares

Ann: GENERAL: ATM: Regulatory approval from China received

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    • Release Date: 22/07/14 08:30
    • Summary: GENERAL: ATM: Regulatory approval from China received
    • Price Sensitive: No
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    					ATM
    22/07/2014 08:30
    GENERAL
    
    REL: 0830 HRS The a2 Milk Company Limited
    
    GENERAL: ATM: Regulatory approval from China received
    
    22 July 2014
    
    a2 Platinum infant formula achieves regulatory approval from China
    
    The a2 Milk Company Limited (a2MC) is pleased to advise it has achieved
    approval from regulatory agencies in China to resume shipments of high
    quality a2 Platinum infant formula.
    
    Notification of the successful inclusion of a2 branded products imported by
    its distributor China State Farm Shanghai was received from China General
    Administration for Quality Inspection and Quarantine (AQSIQ) with the
    publishing of the updated AQSIQ Imported Brand List.
    
    a2MC sought registration directly in association with Synlait Milk, its a2
    Platinum infant formula processing and manufacturing partner, and Synlait
    Milk's interim contract provider, Auckland-based New Zealand New Milk Ltd.
    New Milk early this month achieved manufacturer registration with
    Certification and Accreditation Administration of the People's Republic of
    China (CNCA) as an overseas manufacturer of infant formula. Synlait Milk is
    expected to achieve the same registration following the approval of its Risk
    Management Plan by the Ministry for Primary Industries.
    
    a2MC Managing Director Geoffrey Babidge said: "Registration will provide an
    important confidence boost for our distribution partner China State Farm and
    its sub distributors in our target markets in China. The market development
    programme paused while the registration process was progressing and can now
    be reactivated together with new communication initiatives".
    
    The Company remains confident it has the systems in place to fulfil the
    ongoing criteria of China's regulatory agencies relating to the production,
    importation and distribution of a2 Platinum infant formula.
    
    Prior to the 1 May 2014 implementation date for the new regulations, a2MC had
    positioned product in China to meet expected consumer demand until the next
    scheduled shipment arrived.
    
    The regulatory changes affecting China have not impacted the production of a2
    Platinum infant formula for sale in other markets, including Australia and
    New Zealand.
    
    a2MC further advises that the Company's financial results for the 12 months
    ended 30 June 2014 will be released during the week commencing 25 August
    2014.
    
    For further information contact:
    Geoffrey Babidge
    Managing Director
    The a2 Milk Company Limited
    +61 2 9697 7008
    
    About The a2 Milk Company Limited
    
    a2MC is a differentiated, premium-priced dairy company which is building a
    global business based on unique intellectual property relating to a2 brand
    dairy products.
    
    a2MC has operations in Australia, New Zealand, the UK and China and is
    pursuing growth opportunities in Asia, North America & Europe.
    a2MC is listed on the NZX Main Board and trades under the code ATM.
    End CA:00252930 For:ATM    Type:GENERAL    Time:2014-07-22 08:30:21
    				
 
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