Cadiz Receives Right-Of-Way Grant From U.S. Bureau Of Land Management To Initiate Construction On Conversion Of Cadiz Northern Pipeline From Natural Gas To Water Conveyance

Cadiz, Inc. (NASDAQ:CDZI, the "Company")) is pleased to announce today that the U.S. Bureau of Land Management ("BLM") issued a final decision approving the right-of-way ("ROW") grant that allows the Company to begin construction on conversion of the Cadiz Northern Pipeline from natural gas to water conveyance. BLM's approval of the ROW, when fully executed by the Company, authorizes the conversion and operation of the Northern Pipeline for the conveyance of water on BLM-managed lands under the authority of Title V of the Federal Land Policy and Management Act ("FLPMA").