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2,152.00    -26.00 (-1.19%)
Bid:
2,200.00
Ask:
2,202.00
Spread: 2.00 (0.091%)
Market Cap: £1.45b
GNS Live PriceLast checked at - London Stock Exchange

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Statement re: Foot & Mouth

12 Sep 2007 14:55

Genus PLC12 September 2007 For Immediate Release 12 September 2007 Genus Plc ("Genus" or "the Company") Statement regarding Foot & Mouth Disease Genus, the leading global multi species genetics company makes the followingstatement in relation to the instance of foot and mouth disease that has beenreported today. In line with the Company's announcement on 6 August 2007 Genus confirms theinstance of foot and mouth disease will have no measurable impact upon itsbusiness. The comparatively harsh foot and mouth outbreak in 2001 had no adverse impact onthe business. Since then, Genus has developed both geographically and inspecies. Currently, only 14% of company turnover is in GB animal relatedbusiness. All of Genus' GB breeding stock facilities are located far from the source ofthe outbreak. Nevertheless, we have further enhanced our already highbio-security procedures. The Board will keep the situation under constant review and will make a furtherannouncement if the situation changes from that described above. For further information, please contact: Genus Plc Tel: +44 (0)1256 345 971Richard Wood, Chief Executive Buchanan Communications Tel: +44 (0)20 7466 5000Charles Ryland / Suzanne Brocks Notes to Editors: Genus is a world leader in applying science to animal breeding. The uniquecombination of quantitative genetics and biotechnology used by Genus isapplicable across all livestock species and enables farmers and producers toproduce higher quality and healthier non-GMO food products. Genus' currentproducts and services enable producers and farmers to enhance milk and meatquality and improve efficiency through the application of genetic selection. Genus' business units, ABS (dairy and beef cattle) and PIC (pigs) sell breedinganimals and semen to customers who produce offspring which yield greaterproduction efficiency, milk and meat quality for the global dairy and meatsupply chain. Genus' competitive differentiation lies in its ownership andcontrol of its proprietary lines of breeding animals, its biotechnology used toimprove them and its global production and distribution network. Genus' technology and products add value throughout the global supply chain offarmers, breeders, processors, distributors, retailers and consumers. Headquartered in Basingstoke, England, Genus companies operate in 30 countrieson five continents, with laboratories located in Madison, USA. This information is provided by RNS The company news service from the London Stock Exchange
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