Assiniboia Farmland Limited Partnership declares cash distribution for June
30, 2010

REGINA, June 15 /CNW/ - Assiniboia Farmland Limited Partnership (the "Partnership") announces that a cash distribution of $0.3125 per Unit has been declared, for a payable date of June 30, 2010, to unitholders of record on June 15, 2010.

About Assiniboia Farmland Limited Partnership

The Partnership was established to provide investors with an opportunity to gain exposure to Saskatchewan farmland.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Partnership. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statement. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.

Additional information about the Partnership is available on SEDAR (www.sedar.com).

For further information: Doug Emsley, President and Chief Executive Officer, [phone], [email protected]; Brad Farquhar, Vice President, [phone], [email protected], Web: www.farmlandinvestor.ca