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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

The Board of Directors of the Ebro Puleva Group approved a 10% increase in the dividend payable to its shareholders in 2005

The Ebro Puleva Group (Electronic Stock Market: EVA), leader in the Spanish food sector, has reached an agreement with ED&F Man Sugar, world leader in the sugar trade, for the strategic development of the businesses owned by Ebro Puleva in Chile.

Ebro Puleva, the leading group in the Spanish food sector, posted a net operating profit (EBITDA) of 206.5 million euro up to September 2004