Braemar UK Agricultural Land plc

Braemar provides shareholders with exposure to the UK farmland and farming market and the potential for capital growth, by acquiring farmland for its farming business. The Company has already raised £2.24 million, net of expenses, from the proceeds of the Previous Offers and in October 2008 acquired the Eastville Land through its subsidiary, BUAL Acquisitions No. 1. The Company is now seeking to raise up to £20,000,000 by way of the Offer to further fund the implementation of its strategy.