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Wimm-Bill-Dann

March 13, 2003

Wimm-Bill-Dann commences bottled water production opening of new facility marks entry into fast growing new market

In line with the company’s development strategy, Wimm-Bill-Dann constructed a bottled water plant in the Novgorod Region. The plant occupies a territory of 5,500 square meters on 2.7 hectares of land. The facility is equipped with state-of-the-art German blow-molding machines manufactured by SIG Corpoplast and Italian bottling lines made by SIG Simonazzi, capable of processing 360,000 liters per day. The water source was carefully selected for its location close to the northern border of the Valdai National Sanctuary, where the water has a unique composition and taste. It is being extracted from a 132-meter-deep well, and, unlike water in the Moscow Region, is rich in fluoride and contains no iron or other foreign substances. Still and sparkling natural drinking water will be marketed under the ‘Sanctuary. Valdai’ brand in 0.5 and 1.5 liter PET bottles, and will soon be available in Moscow and St. Petersburg. Sergei Plastinin, CEO of Wimm-Bill-Dann Foods OJSC, said in a statement: “As always, we are keeping in tune with the times. The launch of bottled water production is a response to the changing lifestyles and habits of Russian consumers”.

Wimm-Bill-Dann Foods OJSC
16 Yauzsky Boulevard, Moscow, Russia
Phone: +7 095 733-97-26/9727
Fax: +7 095 733-97-25
web: https://www.wbd.com
E-mail: kiryuhina@wbd.ru

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Wimm-Bill-Dann, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to conform them to actual results. We refer you to the documents Wimm-Bill-Dann files from time to time with the U.S. Securities and Exchange Commission, including our Form F-1. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” in our Form F-1, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, acquisition strategy, risks associated with operating in Russia, volatility of stock price, financial risk management, and future growth subject to risks.

 

 

 

 

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