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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.