Sibirsky Syr occupies 2.3 hectares of land and is equipped with 5,500 square meters of refrigerating facilities, 1,900 square meters of warehousing space and 1,000 square meters of office space. The warehousing facilities are easily accessible by road and rail. The acquisition allows the company to save on rental expenses associated with warehousing and office space and provides a more economical alternative to building a new facility.

The acquisition will greatly improve the logistical base for Sibirskoe Moloko, by enhancing Wimm-Bill-Dann’s distribution capability and providing the company with a solid base to keep up with anticipated growth in the key Siberian marketplace.

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.