Market Overview

Los Angeles County Regional Planning Commission Today Voted 4-1 to Recommend That the LA County Board of Supervisors Approve the Centennial Specific Plan

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The Los Angeles County Regional Planning Commission today voted 4-1 to
recommend that the LA County Board of Supervisors approve the Centennial
Specific Plan. The plan includes 19,333 residential units and 10.1
million square feet of commercial space.

About Tejon Ranch Company (NYSE:TRC)

Tejon Ranch Company is a diversified real estate development and
agribusiness company, whose principal asset is its 270,000-acre land
holding located approximately 60 miles north of Los Angeles and 30 miles
south of Bakersfield. For more information on the company, please go to www.TejonRanch.com.
For more information on the Tejon Ranch Commerce Center, please go to www.TejonCommerce.com

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