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EBRO PULEVA SELLS AZUCARERA EBRO TO ASSOCIATED BRITISH FOODS

Madrid, 15 December 2008. Ebro Puleva (www.ebropuleva.com), sole shareholder of Azucarera Ebro, and Associated British Foods (ABF) (www.abf.co.uk), sole shareholder of British Sugar (www.britishsugar.co.uk), have signed the sale and purchase contract of the shares of Azucarera Ebro, subject to approval by the anti-trust authorities and it is likely to occur in early 2009.

Turnover up 9% to 2,685 million euro

On a difficult scenario for the world food trade, shaken up by the strong hike in raw material prices, the evolution of the Ebro Puleva Group was nevertheless positive, maintaining the overall yield of the company above the estimates announced in October, achieving significant organic growth in the rice and pasta divisions and strengthening its leadership on all the markets on which it operates