Ukrproduct Regulatory News (UKR)

6 Sep 2007 07:00

Ukrproduct Group Ltd06 September 2007 UKRPRODUCT GROUP LTD (THE "COMPANY") UKRPRODUCT STARTS DELIVERIES OF SKIMMED MILK POWDER UNDER UNITED NATIONS WORLD FOOD PROGRAMME The Company announces that it has started delivery of its high-grade skimmedmilk powder ("SMP") for the United Nations World Food Programme ("UN WFP"). Theassessment by the UN WFP inspectors confirmed that the production process andquality of SMP produced at the Company's new SMP facility at Starkon met UN WFPstandards. The Company is the only such supplier under the UN WFP from Ukraine.The contract terms stipulate the delivery of up to 410 tonnes of SMP in fourequal shipments until the end of 2007. The contract prices are fixed at the timeof delivery of each shipment. Due to the higher quality product requirements,the contract carries a price premium over typical market prices charged by theCompany on similar SMP contracts. Note: United Nations World Food Programme is a United Nations organisationdedicated to the alleviation of global food challenges. Set up in 1994, UN WFP'sdual mission is to meet the food emergency needs of the victims of naturaldisasters, displaced people and the world's hungry and poor and to supporteconomic and social development of the world. For extended information, pleaseuse the following link (www.wfp.org). For further information: Ukrproduct Group Limited +38 044 502 8014Iryna Yevets, CEO,Dmitry Dragun, CFO, WH Ireland Limited +44 161 832 2174David Youngman This information is provided by RNS The company news service from the London Stock Exchange