ÿþ<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:st1="urn:schemas-microsoft-com:office:smarttags" xmlns="http://www.w3.org/TR/REC-html40"> <head> <meta http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 11"> <meta name=Originator content="Microsoft Word 11"> <link rel=File-List href="SFWMD_Board_Approval_Response_files/filelist.xml"> <title>U.S. Sugar Corp.</title> <o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="place"/> <o:SmartTagType namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="PersonName"/> <style> <!-- /* Font Definitions */ @font-face {font-family:Verdana; panose-1:2 11 6 4 3 5 4 4 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:536871559 0 0 0 415 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; color:black;} a:link, span.MsoHyperlink {color:black; text-decoration:underline; text-underline:single;} a:visited, span.MsoHyperlinkFollowed {color:red; text-decoration:underline; text-underline:single;} p {mso-margin-top-alt:auto; margin-right:0in; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; color:black;} span.SpellE {mso-style-name:""; mso-spl-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> </head> <body bgcolor=white lang=EN-US link=black vlink=red style='tab-interval:.5in' alink="#FF0000" topmargin=0 leftmargin=0> <div class=Section1> <div align=center> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=600 style='width:6.25in;mso-cellspacing:0in;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;height:11.25pt'> <td width=600 colspan=3 style='width:6.25in;padding:0in 0in 0in 0in; height:11.25pt'> <p class=MsoNormal style='mso-line-height-alt:11.25pt'><b><span style='font-size:13.5pt;color:#006633'>&nbsp;</span></b> </p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=10 style='width:7.5pt;padding:0in 0in 0in 0in'> <p class=MsoNormal>&nbsp; </p> </td> <td width=580 valign=top style='width:435.0pt;padding:0in 0in 0in 0in'> <table class=MsoNormalTable border=0 cellpadding=0 width=580 style='width:435.0pt;mso-cellspacing:1.5pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td width=580 valign=top style='width:435.0pt;padding:.75pt .75pt .75pt .75pt'> <p align=center style='text-align:center'><b><span style='font-size:10.0pt; font-family:Verdana'>PRESS STATEMENT</span></b></p> <p align=center style='text-align:center'><strong><span style='font-size: 10.0pt;font-family:Verdana'>U.S. SUGAR APPLAUDS COURT RULING AUTHORIZING SOUTH FLORIDA WATER MANAGEMENT DISTRICT FINANCING FOR HISTORIC LAND ACQUISITION<o:p></o:p></span></strong></p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:Verdana'>Contact: Judy Sanchez<br> 863.902.2210<br> 561.261.3167</span></p> <p class=MsoNormal align=center style='text-align:center'><em><span style='font-size:10.0pt;font-family:Verdana'>Released: August 26, 2009 </span></em></p> </td> </tr> </table> <p><strong><span style='font-size:10.0pt;font-family:Verdana'>Clewiston, FL &#8212; August 26, 2009</span></strong><span style='font-size:10.0pt;font-family: Verdana'> &#8212; </span><span style='font-size:10.0pt;mso-bidi-font-size: 12.0pt;font-family:Verdana'>U.S. Sugar Corporation applauded today s 15th Judicial Circuit Court ruling authorizing the South Florida Water Management District to move forward with its plans to issue Certificates of Participation (COPs) to fund the historic acquisition of company lands for restoration. </span></p> <p> <span style="font-size: 10pt; font-family: Verdana; mso-bidi-font-size: 12.0pt">  We are very pleased with the court decision today that validates the District s authority to finance the $650 million needed to complete this critical River of Grass land acquisition so that Everglades restoration can move forward, said Robert Coker, senior vice president, public affairs. </span> </p> <p> <span style="font-size: 10pt; font-family: Verdana; mso-bidi-font-size: 12.0pt">  There was little doubt as to the public benefit of acquiring this land for necessary water storage and water treatment to improve Lake Okeechobee, the Florida Everglades, and the St. Lucie and Caloosahatchee rivers and estuaries, Coker said.  The South Florida Water Management District s legal team, staff and supporting attorneys did an excellent job of presenting and defending throughout this lengthy legal process what has been an accepted and approved public financing mechanism. </span> </p> <p> <span style="font-size: 10pt; font-family: Verdana; mso-bidi-font-size: 12.0pt">  Hopefully, now everyone can move forward so that Governor Crist s great vision for the Everglades can be designed, engineered and constructed to protect South Florida s natural resources, Coker said. </span> </p> <p align=center>###</p> </td> <td width=10 style='width:7.5pt;padding:0in 0in 0in 0in'> <p class=MsoNormal>&nbsp; </p> </td> </tr> <tr style='mso-yfti-irow:2;mso-yfti-lastrow:yes;height:11.25pt'> <td width=600 colspan=3 style='width:6.25in;padding:0in 0in 0in 0in; height:11.25pt'> <p class=MsoNormal style='mso-line-height-alt:11.25pt'>&nbsp; </p> </td> </tr> </table> </div> <p class=MsoNormal><span style='color:windowtext'><o:p>&nbsp;</o:p></span></p> </div> </body> </html>