Signing of sales agreement for the remaining of the shares of the subsidiaries in Romania and Bulgaria.

03/12/2008
Loulis Food Ingredients_Signing of sales agreement for the remaining of the shares of the subsidiaries in Romania and Bulgaria.

Loulis Mills SA informs the shareholders that last night the sales agreement for the remaining of the shares of the subsidiaries in Romania and Bulgaria was signed in Vienna between the representatives of LLI EUROMILLS GmbH and of Loulis Mills SA. The price was set at 26,1 million euro for the 29,5% of our subsidiary in Romania and for the 35,3% of our subsidiary in Bulgaria. The transfer of the shares will be conducted through the respective Stock Exchanges of each country within this week.

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