Comments on a Press Release

Loulis Food Ingredients_Comments on a Press Release

In relation to the press article of the printed financial press and more specifically to the article of the newspaper IMERISISA on 07/11/2008, Loulis Mills SA informs the shareholders that: It is a fact that within the framework of the close cooperation that exists from the beginning, the company is having constant discussions with the Austrian Group of Companies LLI Euromills Gmb. However, up until today there is nothing arising from these discussions concerning the sale of percentages of the affiliate companies SC TITAN SA and SOFIA MEL AD. Regarding the course of the core financial figures of the Group, the sales turnover is indeed estimated to amount around 170 million euro during the 9M and around 220 million euro for the whole fiscal year. These amounts are within the framework of our initial projections.


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