Ad-hoc | 11 April 2003 17:59

Agrana Beteiligungs-AG english

AGRANA acquires Danish fruit juice concentrates and fruit juice manufacturer Val Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– AGRANA today acquired a 99 per cent stake in fruit juice and fruit juice concentrates manufacturer Vallo Saft A/S, Denmark. The stake was sold by Danish investment funds and private shareholders of Vallo Saft. The company has two production sites located in Vallo, Denmark, and Lipnik, Poland. They make roughly 20,000 metric tons of fruit juice and fruit juice concentrates a year for the food and beverage industries. Vallo Saft specializes in the manufacture of high-quality juices from berries, cherries and apples. It is one of Europe’s leading suppliers to industrial customers in this segment. The company recorded revenues of roughly EUR 38 million with 100 employees during 2002. This acquisition is a continuation of AGRANA’s strategy of processing agricultural raw materials at the primary stage. It is subject to the approval of the pertinent antitrust authorities. http://www.agrana.com http://www.vallosaft.dk end of ad-hoc-announcement (c)DGAP 11.04.2003 ——————————————————————————– WKN: 060370; ISIN: AT0000603709; Index: Listed: Amtlicher Handel in Wien 111759 Apr 03