Bonnefield Canadian Farmland LP I Announces Cash Distribution


OTTAWA, ONTARIO--(Marketwire - April 12, 2012) - Bonnefield Financial Inc. today announced a cash distribution for Bonnefield Canadian Farmland LP I ("LP I") of 5.0%. Beginning in 2012, Bonnefield has instituted a policy for semi-annual cash distributions in June and December, initially targeted at 5.0% per annum.

"These cash distributions validate the farmland investment thesis of LP I," said Tom Eisenhauer, Bonnefield's President. "Our strategy of investing in farmland on an unlevered basis gives us the flexibility to make tax-efficient cash distributions from net income and capital gains generated in the fund - even in our first year of being fully invested."

LP I currently holds a portfolio of more than 15,000 title acres of farmland located in Alberta, Saskatchewan, Manitoba and Ontario and generates a return for investors through a combination of lease income and capital gains.

As previously announced, investors in LP I experienced a 10.4% net return during fiscal 2011 and a total compounded return of 14.0% since the fund's inception in April 2010. Bonnefield Canadian Farmland LP I is now closed to new investment and completed its farmland acquisition program in early 2012.

Bonnefield expects to announce a new farmland vehicle for investors in the coming weeks.

Bonnefield

Bonnefield is Canada's first national farmland investment management and property management company. Our goal is to protect the integrity of farmland while increasing its long-term value. We work with farm operators to help them grow, reduce debt and diversify their assets while promoting good farming practices and wise business choices. We provide investors a means to invest in and hold farmland for long-term capital appreciation and income. Bonnefield is headquartered in Ottawa, Canada with offices in Toronto. www.bonnefield.com

Contact Information:

Marcus Mitchell
mmitchell@bonnefield.com
416-513-9090