CORRECTING and REPLACING The a2 Milk Company™ Announces Strong Results and Significant Increase in Distribution to Major US Retailers Capitalizing on Rising Consumer Demand

BOULDER, Colo.–(BUSINESS WIRE)–Second paragraph, second sentence should read: An increase in
year-over-year global sales helped fuel a 40.5% rise in total combined
FY18 revenue for The a2 Milk Company™ (ATM.NZ A2M.AU), which posted a
58.5% gain in operating EBITDA in its results for the first four months
(instead of: An increase in year-over-year global sales helped fuel a
40% rise in total combined FY18 revenue for The a2 Milk Company™ (ATM.NZ
A2M.AU), which posted a 45.9% gain in operating EBITDA in its results
for the first four months).

The corrected release reads:

THE a2 Milk Company™ ANNOUNCES STRONG RESULTS AND SIGNIFICANT
INCREASE IN DISTRIBUTION TO MAJOR US RETAILERS CAPITALIZING ON RISING
CONSUMER DEMAND

The a2 Milk Company™ today announced strong results at its Annual
Meeting in Australia. The US region continues to escalate
momentum in consumer demand with another major expansion of its
distribution to retailers across the United States.

At its Annual Meeting held in Melbourne, the Australian headquartered
dairy nutrition company reported its results for the first four months
of the 2019 fiscal year. An increase in year-over-year global sales
helped fuel a 40.5% rise in total combined FY18 revenue for The a2 Milk
Company™ (ATM.NZ A2M.AU), which posted a 58.5% gain in operating EBITDA
in its results for the first four months.

In addition, the company reported that the US region is continuing to
build strong brand awareness with an increased distribution by 50% since
the end of June 2018 to 9000 stores and sales velocities in both new &
existing accounts continuing to build.

Jayne Hrdlicka, The a2 Milk Company™ Global Managing Director and CEO
said, “Pleasingly recent research is showing the a2 Milk® brand in the
US is successfully growing category consumption, sourcing volume across
multiple product segments and trading up consumers from conventional
milk. This is in line with our experience in Australia. It’s encouraging
as it shows our ability to build a broad scale brand that is ripe for
further growth and expansion.”

Consumers can now find a2 Milk®, at more than 1,000 Food Lion stores
throughout the Southeast as well as at select Costco and Walmart
outlets. Other major grocers carrying a2 Milk® products include Wegmans,
Stop & Shop, Giant Carlisle, Giant Landover, Whole Foods Market, Market
Basket, Sprouts, Safeway, King Soopers, Target, Ralphs, Publix, ShopRite
and The Fresh Market.

The a2 Milk Company™ continues to extend the geographic reach of its
U.S. distribution network across California, the Northeast and the
Southeast, with plans for expansion throughout the Southwest, West and
Midwest. a2 Milk® products are now available in almost all 50 states and
the District of Columbia.

The growth that The a2 Milk Company™ has experienced since launching
its U.S. expansion in January represents a true validation of our
consumer proposition,” said Blake Waltrip, CEO of The a2 Milk Company™
U.S. “The belief in the power of our product by a high caliber retailer
like Food Lion bears out the promise of the a2 Milk® brand and takes us
yet another step closer to bringing American consumers back to dairy,
helping dairy farmers in the process. We remain committed to providing
solutions that can help more people enjoy the nutritional goodness that
only comes from real and natural milk.”

Ordinary cows’ milk consumed in America contains a mix of two main types
of beta-casein proteins, A1 and A2 protein. Published research suggests
that a2 Milk® may help avoid tummy discomfort in some people. That’s
because a2 Milk® contains only the A2 protein type and no A1.

The a2 Milk Company™ works with local U.S. dairy farmers to identify
cows that only naturally produce the A2 protein type and process their
milk separately, making it possible for those with sensitivities to
enjoy real, cows’ milk. The a2 Milk Company™ takes pride in paying a
premium to U.S. farmers for their 100 percent pure natural cows’ milk.

For more information on The a2 Milk Company™, its products and location
availability, please visit a2milk.com

About The a2 Milk Company

The a2 Milk Corporation was founded in 2000 in New Zealand by Dr. Corran
McLachlan after a scientific research showed that proteins in milk
affect people differently. Specifically, he noted that ordinary cows
produce milk contains 2 different beta-casein protein types, called A1
and A2.

a2 Milk® naturally contains only the A2 protein type and no A1.
Published research suggests that a2 Milk® may help avoid stomach
discomfort in some people.

Since its foundation the company has flourished in its home market
Australia, where it is the leading premium milk brand with over 10% of
the total supermarket milk category and more recently has become market
leader in infant formula with ~33% value share. This success has also
translated into the China market with 5.6% share of the lucrative China
infant formula category estimated to be approximately USD $18 billion.

The a2 Milk Company™ works closely with all their U.S. farmers and all
their farms are certified by Validus for animal welfare. The a2 Milk
Company pays a premium to all its farmers when sourcing A1 protein free
milk in Australia, New Zealand, UK and the U.S.

a2 Milk® products include Whole, 2% Reduced Fat, Chocolate 2% Reduced
Fat and 1% Low Fat.

The a2 Milk Company™ currently has distribution in more than 9,000
stores across the US including Costco, Walmart, Wegmans, Stop & Shop,
Giant Carlisle, Giant Landover, Whole Foods Market, Food Lion,
Market Basket, Sprouts, Safeway, King Soopers, Target, Ralphs, Publix,
ShopRite and The Fresh Market.

For more information on The a2 Milk Company™, its products and location
availability, please visit a2milk.com.

Contacts

Rubenstein
Charles Zehren / 212-843-8590 / czehren@rubenstein.com
Andrea
Helling / 212-843-8025 / ahelling@rubenstein.com

Laurel McBride real estate agent with Century 21 N and N Realtors with homes for sale in Logan Utah