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Madrid, 24 April 2006. The Ebro Puleva Group posted a net profit of 37.6 euro million in the first three months of 2006, 33% more than the same period of 2005. Its net turnover totalled 650 euro million, up 36% year on year.

The Ebro Puleva Group has lived up to the expectations aroused by its strategy of growth and diversification on new markets

At a meeting held yesterday, the Board of Directors of the Ebro Puleva Group approved a 3% increase in the dividend payable to its shareholders in 2006 against the 2005 profits

Ebro Puleva closes the first nine months of the year with record turnover and profits

Ebro Puleva has reached an in-principle agreement for the sale of Catesa Foods, S.L.

EDF Man Holdings Ltd. has announced its intention of exercising its call option over 51% of the capital of Inversiones Greenfields in Chile

The Ebro Puleva Group, through its subsidiary S&B Herba Foods Ltd., has purchased the Tarantella brand in the U.K.

The Ebro Puleva Group´s net turnover reached 1,068 million euro in the first six months of 2005, a rise of 26.3% compared with the same period of the previous year

· The net turnover totalled 477.7 million euro, up 16%

· Ebitda grew by 17.4% (60 million euro) and Ebit by 11.4% (46.5 million euro)

· Operating profit rose 8% to 49.2 million euro

Ebro Puleva announced today that it has made an irrevocable offer to acquire all of issued capital of Panzani