X0306 4 2015-05-27 1 0001471256 Cullen Agricultural Holding Corp CAGZ 0001018319 WATSON E J LEVEL 9, 68 SHORTLAND STREET P.O. BOX 91269 AUKLAND Q2 NEW ZEALAND 0 0 1 0 Common Stock 2015-05-27 4 U 0 11206148 0 D 0 I By Cullen Inc. Holdings Ltd. Disposed of pursuant to an Agreement and Plan of Reorganization, dated as of December 31, 2014 and amended as of April 23, 2015, by and among the Issuer, Long Island Iced Tea Corp., Cullen Merger Sub, Inc., LIBB Acquisition Sub, LLC, Long Island Brand Beverages LLC, Philip Thomas and Thomas Panza and the other members of Long Island Brand Beverages LLC executing a joinder thereto, in exchange for 747,077 shares of Long Island Iced Tea Corp. common stock. These securities are held by Cullen Inc. Holdings Ltd., an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. /s/ Eric J. Watson 2015-05-29