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This past August, the Metropolitan Water District of Southern California (MWD) announced that it may implement mandatory rationing in 2009 since it does not have enough water to meet demand. Furthermore, state water agencies will receive only 35% of their normal water allocations for 2008 -- down from 60% in 2007 -- and they expect to only receive between 10% & 20% in 2009.

"Southern California is facing chronic water shortages," said Richard Stoddard, CEO of Cadiz Real Estate LLC. "The Cadiz Project is an innovative and environmentally responsible way to help meet the region's need for new water supplies and more water storage."

As part of the agreement with ARZC, Cadiz now has the right to construct an underground pipeline within the railroad right-of-way to connect the Project area to the Colorado River Aqueduct (CRA) rather crossing U.S. Bureau of Land Management (BLM) lands, as was considered in earlier iterations of the Project. Although this alignment is significantly more costly, it is considered to be more environmentally friendly than routes that would have crossed federal lands because the railroad right-of-way is already active and disturbed.

"We are excited to hear about this new alternative pipeline alignment that would enable the Cadiz Project to deliver water to Southern California," said Fern Steiner, Chairwoman of the San Diego County Water Authority. "Given the current water crisis affecting the entire region, San Diego County Water Authority is interested in exploring all possible supply opportunitiesincluding projects like the Cadiz Projectwhich couldaccelerate the delivery of much needed supplies to the region."

"In the ensuing years, the Southern California region has need of projects like Cadiz to responsibly and efficiently meet an unprecedented demand for 'new' water supplies. Along with increased recycled water and desalination, the Cadiz Project presents an important alternative that can add to the region's water supply reliability," said Floyd Wicks, CEO of American States Water, whose subsidiary, Golden State Water Company, provides retail water service to more than a million Californians. "We are pleased with the news that the Project has advanced to the point which may yield an alternative that could quickly deliver these supplies to the region."

Construction of the Project facilities could begin as soon as the environmental review for the Project is completed. It is now anticipated that the County of San Bernardino will serve as California Environmental Quality Act (CEQA) lead agency and that it will oversee a comprehensive Groundwater Monitoring and Management Plan for the Project. Cadiz is currently engaged in discussions with a group of public water providers interested in participating in the Project.

"I look forward to the County playing the lead role on the Groundwater Monitoring and Management Plan and in helping to implement this important project," said San Bernardino County Supervisor Brad Mitzelfelt. Supervisor Mitzelfelt's District is the largest in San Bernardino County and includes the Cadiz Project area.

The Groundwater Monitoring and Management Plan will be similar to one previously authored by San Bernardino County, the U.S. Geological Survey, National Park Service, BLM, and MWD in 2001.

This Plan was originally designed to alleviate concerns raised by Senator Dianne Feinstein (D-CA), and it will maintain those principle objectives: protect the desert environment in and surrounding the Project area, ensure groundwater quality, and maintain the long-term yield and storage capacity of the aquifer system.

Information on the Aquifer System

The aquifer system that underlies the Project area has the ability to provide both a new supply of indigenous groundwater and to store approximately 1 million acre-feet of Colorado River water that could be imported from the CRA in "wet" years. This stored water and indigenous groundwater could be delivered to the CRA in "dry" years for distribution to participating water providers throughout Southern California. The aquifer system is recharged by precipitation (both rainfall and snow melt) that occurs within a regional watershed of 1,300 square miles. For this reason, any transfers of indigenous groundwater will be naturally replenished over time.

History of the Project

The Cadiz Project has been a decade-long effort to bring a new, clean and reliable water supply to Southern California. Cadiz's original partner, MWD, together with the BLM prepared a Final Environmental Impact Report/ Environmental Impact Statement (FEIR/ FEIS) for the Project in 2001. The FEIS for the Project, including a right-of-way for the conveyance pipeline, was approved by the US Department of the Interior (DOI) in a highly supportive Record of Decision issued in August 2002:

"By providing storage of surplus Colorado River water, and the export of indigenous groundwater under specified conditions, the Cadiz Project will help ensure needed dry-year water supply reliability and will assist California in efficiently managing its water supplies. Future water supply needs in Metropolitan's Southern California service area, without implementation of the Cadiz Project, would substantially exceed demands by the year 2020. The public benefits of the Cadiz Project are compelling reasons for the Department of the Interior to cooperate to the greatest extent possible in assisting California in meeting its water supply goals."

However, MWD refused to accept the right-of-way offered by the DOI and decided not to proceed with the Project in October 2002. MWD is currently facing unprecedented water shortages, which would have been significantly mitigated by implementation of the Cadiz Project in 2002.

Founded in 1983, Cadiz Inc. is a publicly held land and water resource development firm. The Company owns more than 45,000 acres of land with substantial water resources in eastern San Bernardino County, California. Further information on the Company can be obtained by visiting our corporate web site at www.cadizinc.com.

This release contains forward-looking statements that are subject to significant risks and uncertainties, including statements related to the future operating and financial performance of the Company and the financing activities of the Company. Although the Company believes that the expectations reflected in our forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Factors that could cause actual results or events to differ materially from those reflected in the Company's forward-looking statements include the Company's ability to maximize value for Cadiz land and water resources, the Company's ability to obtain new financing as needed, and other factors and considerations detailed in the Company's Securities and Exchange Commission filings.

SOURCE: Cadiz Inc.

Cadiz Inc. 
Courtney Degener, Investor Relations Manager 
213-271-1603 
or 
Mercury Public Affairs 
Laura Braden, 213-880-4636

"It's great to see our newest location in Cadiz, KY up and running," said Wabash National President and Chief Executive Officer, Dick Giromini. "I'm extremely proud of all associates who worked hard these past few weeks to bring the facility back on line so quickly and effectively. We now offer an expanded portfolio of products to our customers."

Under the new management, the idled facilities were brought up to production-ready state in just 27 business days. At full production, this facility has the capacity to produce in excess of 3,000 units annually.

Headquartered in Lafayette, Ind., Wabash National(R) Corporation (NYSE: WNC) is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, intermodal equipment, dump trailers and other truck bodies. Its innovative core products are sold under the DuraPlate(R), ArcticLite(R), Eagle(R) and Benson(R) brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed, drop deck and dump trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts, and an operator of repair facilities throughout the U.S.

Press Contact:
Allison Henk
Marketing Communications Manager
(765) 771-5674

Investor Relations:
(765) 771-5310

SOURCE: Wabash National Corporation

The President said she will inspect starting July 21 the 1,800 hectares in different parts of the country planted to jatropha under the governments jatropha propagation program.

To date, 900 hectares have been planted to jatropha in Tamlang Valley in Negros Oriental, 500 hectares in Fort Magsasay, Nueva Ecija, 200 hectares in Camarines Sur, 100 hectares in General Santos City, 60 hectares in Ara, Palawan, 40 hectares in Cagayan de Oro City, 14 hectares in Bohol, and five hectares in Cadiz City, Negros Occidental.

The President said that because of the energy efficiency programs initiated by her administration, the country is now 56 percent energy self-sufficient, the highest energy self-sufficiency rating in its history.

She said that aside from alternative sources of fuel, the government will continue to promote the use of natural gas for transport; geothermal steam, wind mills like those already operational in Batanes and Bangui, Ilocos Sur, and solar power for electricity.

Let me assure our people of one thing, your government shall continue to harness all the resources at our command to help ordinary Filipino families pressured by cost and calamity at the same time. We continue to build a better tomorrow, she told drivers and operators of the public transport sector.

In the same speech, the President said the national government will continue to push its Pantawid Kuryente Program as the nation continued to reap the blessings of the Katas mula sa VAT (Value Added Tax).

Sa susunod na Katas ng VAT na nakolekta mula Abril hanggang Hulyo, may karagdagang P1 billion na pambayad ng kuryente ng mahihirap, she said.

The Pantawid Kuryente: Katas ng VAT program, which the President launched on June 3, 2008, is a direct assistance program to the four million poor families that consume only a maximum of 100 kilowatt hour of electricity a month.

The President also divulged that that she would release shortly another P500 million to finance the rehabilitation and upgrading of all government primary hospitals to secondary medical facilities.

Ilulunsad natin (ito) upang mapataas ang kakayahan at kasangkapan ng mga munting ospital sa lalawigan, iyon bang primary care hospitals gagawin nating secondary care hospitals para magkaroon sila ng delivery, cesarean at surgery facilities, she said.

The forum on alternative fuel for public transport is a followup project of the Department of Transportation and Communication (DOTC) to the program launched last month by the Land Transportation, Franchising and Regulatory Board (LTFRB) on the shifting from diesel fueled engines to liquefied petroleum gas (LGP) and compressed natural gas (CNG) public utility vehicles.