March 11, 2010, Vancouver – Village Farms International, Inc. (the “Company”) (TSX: VFF) announced today results for the year ended and quarter ended Dec. 31, 2009.

Full year 2009 operating results summary:

• Revenues of $130.5 million (all figures U.S.) versus 2008 revenues of $133.1 million.

• Earnings per share of $0.17 per share versus $0.12 per share in 2008.

• Net income after tax of $6.7 million versus $4.5 million in 2008.

• EBITDA of $9.1 million versus $21.2 million in 2008.

• On Dec. 31, 2009, the company completed the conversion from an income trust structure to a corporation.

“While the recession year of 2009 proved to be a challenging year for pricing, we saw improved pricing over 2008 levels throughout the fourth quarter of 2009,” said CEO Michael DeGiglio. “We have also experienced a return to normal first quarter pricing through the first two months of 2010, which is well above 2009 pricing and we believe that the market challenge of decreased consumer consumption of fresh produce is behind us.”

He added that while the poor weather in Florida has helped tomato pricing, “we predominately sell to retailers who prefer hydroponic produce. As such, we believe the primary driver of improved pricing is increased consumption rather than poor weather conditions for field growers.”

DeGiglio added that the company expects the 2010 financial performance to be stronger than 2009 as a result of improved production from its Texas facilities during the first quarter of 2010 and better overall pricing for most of our products.

“Additionally, we are experiencing increased interest in our new greenhouse technology (GATES) and are working towards announcing some new business developments in this growth area later in 2010.”